A forthcoming article in Generations: Journal of the American Society on Aging will note that long-term unemployment has remained at heightened levels. More than one in four job-seekers ages 55 and older had been unemployed for more than six months in March 2019, it says; for those 54 and younger, one in five were.
“The labor market is brutal for older workers,” says Carl E. Van Horn, director of the John J. Heldrich Center for Workforce Development at Rutgers University and co-author of the article with Maria Heidkamp, director of the New Start Career Network at the Heldrich Center.