Over-50 Jobless May Be Out of Work for Good
Younger workers likely to get rehired first
By Caroline Miller, Newser Staff
Posted Sep 20, 2010 10:06 AM CDT
In this July 20, 2010 photo, Giuseppe Lazzara, an architect from Plano, Texas, fills out a survey while attending a National Career Fairs Job Fair in Dallas, Texas.    (AP Photo/Tony Gutierrez)

(Newser) – A lot of unemployed Americans over 50 are getting the unhappy sense that they may as well kiss the workforce goodbye—nobody is going to hire them again. Blame the fact that the recovery is so sluggish. At the current rate it will take as long as 8 years for the nearly 15 million jobless to get reabsorbed, and with younger people looking more attractive to employers, older folks are likely to age out before their turn comes.

This is not only harsh news to those who desperately need to work, but ironic since the recession, by destroying nest eggs and the value of their homes, also increased the need to keep working past retirement age. The average time those 55 and older have been out of work was slightly more than 39 weeks in August, the longest of any age group. Another small irony: The longer you're out of work, the more prospective employers wonder why you've been out of work so long, an AARP spokesman tells the New York Times.

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Showing 3 of 28 comments
tran_tor
Sep 20, 2010 12:09 PM CDT
NAFTA shipping manufacturing jobs out of the country. The US government making it profitable to contract out IT work. HUGE numbers of work visas granted every year. Is it any wonder that companies aren't holding on to their older, more experienced (albeit more expensive) employees?
ralphsteadman
Sep 20, 2010 11:34 AM CDT
I agree with the writer "Caroline Miller" that people over 50 may not ever find a job. Blame it on Georgy or blame it on republicity, the fact remains America is no longer an economic power. Democrats and Tea Party cannot solve the economic problem simply because they don't have the magic wand. All intelligent corporations are moving to India and China because they know the future of this country. Halliburton Moved to DUBAI, Thanks Dick Cheney that shows your patriotism! Now we are inviting Al-Keda to build a Mosq on ground zero, I mean how low we can go, I guess we should all drink Anti-Freeze and die, because our government is insensitive to our feelings and our well-beings, they simply don't care about Americans anymore. If any one has any better solutions then let me know?
Disillusioned
Sep 20, 2010 10:22 AM CDT
Yes, a world where a very large number of people who are still out of work and let us not forget who gave birth to this world, GW Bush. Bush sucked the American economy dry destroying the economy and then when things may have gotten better the Republicans sitting in Congress refuse to do one thing to try and help America Republicans instead spent two years crying Birther rhetoric, they continued to sit in the Congress doing not one damn thing to help Americans as they screamed NO at the top of their voices. Well to be totally honest they did show even the most blind in the country who they back, they back the rich and powerful as they stuffed their pockets with legal kickbacks and payments as they sold themselves openly as hurting Americans watched in horror And now they have the blind clueless like DLY ranting it is all Obamas fault even though it was a Republican disaster that caused it all