The latest jobless rate of 5 percent may be close to “full employment,” according to most economists but that number does not convey the subtleties of a job market that has left millions of Americans scrambling to regain firm footing in the workplace. Turns out, women over 50, many of whom lost their jobs during the recession, are still struggling in the new “post-recession” economy.
A new study on long-term unemployment reveals that prospects for women over 50 worsened after the Great Recession. By 2012-13, older jobless women accounted for half of the long-term unemployed, up from a quarter in 2006.
Read more at The New York Times
