10/10/2014 10:06 am ET Updated Oct 10, 2014

How To Get A Job When You're Over 50

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For older workers who lose their jobs, the statistics are not very encouraging. Though the unemployment rate for people over 55 is just 3.9%, according to the Bureau of Labor Statistics, two points lower than the overall rate of 5.9%, when older workers lose their jobs they take much longer to find new positions. Some 43.1% of job seekers over 55 have been looking for 27 weeks or more, compared to just 37.4% of unemployed people age 25-54. Those over 55 have also been jobless for longer: a median of 20.4 weeks, according to the BLS, compared to 16.2 weeks for younger job seekers. Also those numbers don’t count people who have given up looking for work, a proportion that is surely much higher among those over 55.

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