AARP - Older job seekers are having more trouble finding jobs.

AARP - Older job seekers are having more trouble finding jobs. On average, a third of the workforce is age 50 or older, but once displaced, older workers take twice as long to find a new job as younger workers. Long-term unemployment is especially concerning now: According to the Bureau of Labor Statistics, nearly half (45.6%) of jobseekers 55-plus have been looking for a job for six months or longer. It is a serious setback for a woman to lose her job later in her career. Studies show older women are likely to earn less than men, to have saved less (because of lower earnings), and to have a longer life expectancy, with the health care costs that go with it. When and if she finds a new position, there's also a likelihood the new job isn't as good as her former one – a condition of underemployment, often related to age and gender discrimination, that worsens her long-term financial outlook.

AARP - Older job seekers are having more trouble finding jobs.