4 ms·

The unemployment rate of those 55+ is 3.2% while the rate for those 20-24 is 9.4%. God help you if you're a teen, where the unemployment rate is 16.1%. http://

by jayess 11y ago

The unemployment rate of those 55+ is 3.2% while the rate for those 20-24 is 9.4%. God help you if you're a teen, where the unemployment rate is 16.1%. http://www.bls.gov/web/empsit/cpseea10.htm http://www.bls.gov/web/empsit/cpseea10.htm

hwstar 11y ago
While I suppose if you were forced to take any job, then those figures would hold. As for myself, I've found it next to impossible to get even an interview as a hardware engineer. Yes, I suppose I stayed a little too long at one company (26 years) and the company was failing towards the end of my tenure. The point is, I posted this here because the problem is even more acute with technical employment.
- seangrant 11y ago
  How public is your age? I found myself having a very difficult time getting interviews being an 18 year old (I was applying for above my age's average skill level). I stopped mentioning my age as well as removed my birth year from my online profiles. After that, interviews started coming in.
  - hwstar 11y ago
    Age isn't mentioned in my CV. Probably dates in the CV give age away.
    - seangrant 11y ago
      Oh yeah, didn't think about that aspect. Best of luck to you hwstar.
civilian 11y ago
It's probably not simple enough to just look at unemployment-- we should look at workforce participation. The economist had a good chart on the breakdown of: working, unemployed, long-term unemployed, disabled, and retired: http://blogs.wsj.com/economics/2015/10/21/what-we-know-about-the-92-million-americans-who-arent-in-the-labor-force/ http://blogs.wsj.com/economics/2015/10/21/what-we-know-about... (It confirms what you said--- young people have the hardest problems with unemployment.) I also found this graph: http://www.economist.com/node/21610975 http://www.economist.com/node/21610975 People over 54 are doing great! It's the 24-54 cohort that is getting kicked to the curb.
slavik81 11y ago
I found it very frustrating that I was legally barred from many jobs while I was under 18. When I worked in baseball concessions, I couldn't be a cashier because they touched cans of beer as they passed them to customers. Fortunately, I could work as a cook, though I wasn't very good at it. Various laws significantly reduced the opportunities I had available to me, often for no good reason.
DrScump 11y ago
I can't find it where they have those breakdowns by U category (showing scope of who is included), or even which U-category they used. The U-6 rate (which counts "discouraged workers") is almost five times the U-1 rate (12/2015).
a3n 11y ago
What is time from unemployed to employed for 55+?
- DrScump 11y ago
  I think the median time span is... death.

by jayess 11y ago

hwstar 11y ago

While I suppose if you were forced to take any job, then those figures would hold. As for myself, I've found it next to impossible to get even an interview as a hardware engineer. Yes, I suppose I stayed a little too long at one company (26 years) and the company was failing towards the end of my tenure. The point is, I posted this here because the problem is even more acute with technical employment.

seangrant 11y ago
How public is your age? I found myself having a very difficult time getting interviews being an 18 year old (I was applying for above my age's average skill level). I stopped mentioning my age as well as removed my birth year from my online profiles. After that, interviews started coming in.
- hwstar 11y ago
  Age isn't mentioned in my CV. Probably dates in the CV give age away.
  - seangrant 11y ago
    Oh yeah, didn't think about that aspect. Best of luck to you hwstar.

civilian 11y ago

It's probably not simple enough to just look at unemployment-- we should look at workforce participation. The economist had a good chart on the breakdown of: working, unemployed, long-term unemployed, disabled, and retired: http://blogs.wsj.com/economics/2015/10/21/what-we-know-about-the-92-million-americans-who-arent-in-the-labor-force/ http://blogs.wsj.com/economics/2015/10/21/what-we-know-about... (It confirms what you said--- young people have the hardest problems with unemployment.) I also found this graph: http://www.economist.com/node/21610975 http://www.economist.com/node/21610975 People over 54 are doing great! It's the 24-54 cohort that is getting kicked to the curb.

slavik81 11y ago

I found it very frustrating that I was legally barred from many jobs while I was under 18. When I worked in baseball concessions, I couldn't be a cashier because they touched cans of beer as they passed them to customers. Fortunately, I could work as a cook, though I wasn't very good at it. Various laws significantly reduced the opportunities I had available to me, often for no good reason.

DrScump 11y ago

I can't find it where they have those breakdowns by U category (showing scope of who is included), or even which U-category they used. The U-6 rate (which counts "discouraged workers") is almost five times the U-1 rate (12/2015).

a3n 11y ago

What is time from unemployed to employed for 55+?

DrScump 11y ago
I think the median time span is... death.