Older Workers Most Likely to Experience Very Long-Term Unemployment

A new survey by the Congressional Research Service finds some disturbing news for older Americans:

Among unemployed adults over age 65, one out of eight (12.15%) had faced 99 weeks or more of unemployment, sometimes called very long-term unemployment. For unemployed adults ages 55 and over, 11.51% had spent almost the last two years looking for work, considerably higher than the figure of 6% among unemployed workers under age 35.

Older Workers Most Likely to Experience Very Long-Term Unemployment