Urban InstituteRetirement Policy Center

Research Spotlight

Unlike most previous recessions, the current economic slowdown has substantially increased the unemployment rate for older Americans. In December 2008, 5.1 percent of workers age 65 and older were unemployed, a higher share than at any time since March 1977.

unemployment rates by age

Source: Senior Unemployment Rate Hits 31-Year High

Research Spotlight Archives

Email this Document