In most recessions, older workers are less likely to lose their jobs than their younger counterparts. But older workers who do become unemployed tend to be out of work much longer than their younger counterparts, and they often go back to work for significantly less pay.
Jobless older workers: It's different this time
Jobless older workers: It's different this…
Jobless older workers: It's different this time
In most recessions, older workers are less likely to lose their jobs than their younger counterparts. But older workers who do become unemployed tend to be out of work much longer than their younger counterparts, and they often go back to work for significantly less pay.