Type of Content: News
Resource Title: April 2021 Employment Data Digest
Publication Title: AARP
Publish Date: April 20201
April 2021 Employment Data Digest
- The U.S. economy added 266,000 jobs in April, a decrease from 770,000 jobs added in March.
- The overall unemployment rate increased slightly from 6.0 percent to 6.1 percent. The unemployment rate for people ages 55+ increased from 4.5 percent to 5 percent.
- In April, over half of jobseekers ages 55 and older were long-term unemployed (53.3 percent) compared with 42.3 percent of jobseekers ages 16 to 54.
- The labor force participation rate for the 55+ rose slightly to 38.3 percent and was unchanged at 18.8 for those ages 65 and older.
Resource URL: https://bit.ly/3foOjQf