Show simple item record

dc.contributor.authorGovernment Accountability Office
dc.description.abstract[Excerpt] The number of workers age 55 and over experiencing long-term unemployment has grown substantially since the recession began in 2007. This raises concerns about how long-term unemployment will affect older workers’ reemployment prospects and future retirement income. In light of these developments, GAO examined (1) how older workers’ employment status has changed since the recession, (2) what risks unemployed older workers face and what challenges they experience in finding reemployment, (3) how long-term unemployment could affect older workers’ retirement income, and (4) what other policies might help them return to work and what steps the Department of Labor (Labor) has taken to help unemployed older workers. To conduct this work, GAO analyzed nationally representative datasets, led focus groups of unemployed older workers, modeled how job loss affects retirement income, and interviewed experts and federal and local officials.
dc.subjectolder workers
dc.subjectretirement income
dc.subjectlabor market
dc.subjectGovernment Accountability Office
dc.titleUnemployed Older Workers: Many Experience Challenges Regaining Employment and Face Reduced Retirement Security
dc.description.legacydownloadsGAO_Unemployed_Older_Workers.pdf: 239 downloads, before Oct. 1, 2020.
local.authorAffiliationGovernment Accountability Office: True

Files in this item


This item appears in the following Collection(s)

Show simple item record