The Employment Situation November 2010 Little Holiday Cheer in the News
The Employment Situation November 2010 Little Holiday Cheer in the News
Most older persons (97 percent) who are out of the labor force continue to say that they do not want a job, and the number expressing interest in November fell slightly (by 5.6 percent) between October and November. However, the number interesting in having a job was still 68 percent higher than it had been at the start of the recession. The number of discouraged workers was down sharply in November. Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures
The Employment Situation November 2010 Little Holiday Cheer in the News
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This AARP Public Policy Institute fact sheet highlights the employment situation for older persons as of November 2010. The overall unemployment rate rose from 9.6 percent in October to 9.8 percent. At 7.3 percent, the unemployment rate for persons aged 55 and older was unchanged from the month before. Nearly 2.2 million persons in this age group were unemployed in November—18,000 more than in September. The average duration of unemployment for jobseekers aged 55 and older in rose once again in November—to 44.9 weeks from October’s 44.3 weeks. As of November, more than half –57.6 percent—of these jobseekers had been out of work for 27 or more weeks, up from 55.6 percent in October.Most older persons (97 percent) who are out of the labor force continue to say that they do not want a job, and the number expressing interest in November fell slightly (by 5.6 percent) between October and November. However, the number interesting in having a job was still 68 percent higher than it had been at the start of the recession. The number of discouraged workers was down sharply in November. Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures