Older workers hit second worst by chronic unemployment

Today's Zocalo show highlights the high percentage of young people dealing with chronic unemployment. 

But there is another group that has been hit hard by the same phenomenon: older workers.
At 21 percent nationally, people ages 55 to 64 had the second-highest rate of long-term unemployment among each of the decades, according to a Chicago Reporter analysis of 2008 U.S. Census Bureau data
This means that more than one in five of people in this age group last worked in 2003 at the earliest.  
The problem is particularly acute in the group of neighborhoods that includes North Lawndale, where today's show is being broadcast, East Garfield Park, West Garfield Park and Humboldt Park
In these neighborhoods, 46 percent of the 12,170 people in this age bracket had been unemployed at least since 2003, the Reporter found.  The rate is the highest in the state and is in the top 1 percent in the entire country. 
Check out The Chicago Reporter's website next Thursday, July 1 to find out which decade had the highest rate of long-term unemployment.  
 
 

Filed under: Uncategorized

Leave a comment