Three-quarters of middle-aged and older workers who lost their jobs during the recession are either unemployed or underemployed today despite the economic recovery.
That's according to a survey by AARP that found that, among more than 2,000 individuals ages 45 to 70, half who lost their jobs during the recession either still cannot find work or decided to quit looking. And half of those who did find new jobs say they are underemployed, earning less than they did at their pre-recession jobs.
A report on the study's findings, "The Long Road Back: Struggling to Find Work after Unemployment," was released Monday in Washington, D.C.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
