May 9, 2015

New jobs going to those 55 and older

Zero Hedge - While it has been no secret that ever since the quote-unquote recovery virtually all job gains have gone to older workers, those 55 and over and ever closer to retirement, April merely confirmed this demographically disastrous trend, and of the 255K workers added in the household survey when broken down by age group, more than all, or 266K went to workers aged 55 and older.

1 comment:

Unknown said...

I was not surprised after reading this article! I think we have such high unemployment rate because of crisis. Financial crisis is never an easy thing to go through. In most of occasions the consequences of it affect as social as political life. Lots of citizens are looking for ways to stay afloat and need to find a steady source of income but it’s easier for those who already have some job experience. For youth it’s much harder to get a decent job because in most of occasions they lack required experience and employees don’t want to hire them. Because of financial crisis many consumers visit this company provides quick loans for anyone or other lending services to stay afloat and cover at least basic expenses.