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Apr 6, 2015

No Country For Young Workers: Only Americans 55 And Older Found Jobs In March

Zero Hedge [feedly]...America continues to be a country where there are only jobs for old men, those 55 and older, who saw a 329,000 increase in jobs in the past month. Every other age group saw job losses!

 

And the real kicker: since the start of the Second Great Depression, only the 55 and older age group has seen job increases. Those 55 and younger are still 1.2 million jobs below the level they were are on December 2007.

 

And just in case there is any confusion, here is just the number of workers aged 55 and older. At 33.1 million they just hit a new all time high.

 

Oh, and finally, for those who may be wondering. It isn't because of early retirement. Unless of course, those retiring early are workers aged 25 to 54.

Source: BLS

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