Type of Content: News

Subtype: Website Post

Resource Title: Best Ways Older Workers Can Prepare for a Recession

Publication Title: Next Avenue

Publish Date: September 9, 2019

Here’s why this matters so much to older workers: In the last recession, it took much longer forunemployed people over 50 to get hired, on average, than for younger people without jobs. What’s more, the older ones were also more likely to become part of the long-term unemployed — out of work for six months or longer. And when they finally landed a job, their wages were typically much lower than in their previous one and below the level of their reemployed younger peers.

Best Ways Older Workers Can Prepare for a Recession