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.