ShareThis
_____________________________________________

Featured Webinar: Fastest Way To Get A Job

Featured Webinar: Fastest Way To Get A Job
Fastest Way To Get A Job Webinar

ONLINE WORKSHOPS SCHEDULE

*December 2, 3, 4: "Fastest Way to Get a Job” Register Here

*December 2, 3, 4: “The 30/60/90 Day Action Plan” Register Here

*December 6: LIVE EVENT “5 Simple Tips to Beat Age Discrimination”Register Here

*December 7: LIVE EVENT “Perfect Interview Answers”Register Here

*December 13: LIVE EVENT "Stop Applying and Get Hired Instantly"Register Here

*December 14: LIVE EVENT "How to Get a Job in 6 Weeks – Guaranteed”Register Here

Monday, March 14, 2011

¥ News Flash:Over 40 Year Olds: Your Unemployment Has Doubled In The Last 24 Months ¥

Share   
Wonder Why It Is So Difficult To Find A Job?
Editors Note: Its pretty clear as I read the current and historical Bureau of Labor Statistic Numbers that simply put the unemployment rate for 45-54 year olds has more then Doubled in the last two years from 3.4% to 7.8%. That has adding another 2 million unemployed skilled workers to the job search market.
The sad joke of it is that this age group still has one of the lowest unemployment rates of all age groups. If you are 20-24 years old the unemployment rate is over 15%.

SEASONALLY ADJUSTED FEBRUARY Statistics

Unemployment Rate:
8.9% in Feb 2011Historical Data
Change in Unemployment Level:
-190,000 in Feb 2011Historical Data
Change in Employment Level:
+250,000 in Feb 2011Historical Data
Change in Civilian Labor Force Level:
+60,000 in Feb 2011Historical Data
Civilian Labor Force Participation Rate:
64.2% in Feb 2011Historical Data
Employment-Population Ratio:
58.4% in Feb 2011Historical Data

ANNUAL AVERAGES

Unemployment Rate:
9.6% for 2010Historical Data
Unemployment Level:
14,825,000 for 2010Historical Data



Labor force status:  Unemployment rate: As you can see it has grown dramatically from
 beginning of 2008 to end of 2010.
Type of data:        Percent or Rate
Age:                 45 to 54 years
Unemployment Rate For 45 to 54 year olds.
YearQtr1Qtr2Qtr3Qtr4Annual
20083.43.84.25.1
20096.37.07.77.8
20107.67.67.87.8

Source: BLS March 2011

1 Post a Comment :

Steve Abbott said...

In the UK figures from The British Population Survey show that;

in Q1 2008 the unemployment rate amongst 45 to 54 yr olds was 2.94%.

This rose to 4.34% in Q1 2009,

fell slightly to 4.04% in Q1 2010

but so far in Q1 2011 (Jan and Feb numbers) it is back up to 4.41%.

The % with a University education has also risen quite dramatically from 12% in 2008 to 17% in 2011.

Interestingly 35% of then search for jobs on-line compared with 40% of the under 45s

Post a Comment

Was this article useful? If so, subscribe to our newsletter to read more!

 
Google Analytics Alternative