| | [[File:Elder workers.jpg|150px|left|thumb|'''Creating dependency. Elder workers may be the first written off and forgotten as a result of the [[American Recovery and Reinvestment Act of 2009]].''' ]] | | [[File:Elder workers.jpg|150px|left|thumb|'''Creating dependency. Elder workers may be the first written off and forgotten as a result of the [[American Recovery and Reinvestment Act of 2009]].''' ]] |
| − | The '''''[[New York Times]]''''' has reported older [[unemployed]] workers over 50 years of age [http://www.nytimes.com/2010/09/20/business/economy/20older.html?_r=1 may never work again] in their lifetimes. Of the 15,000,000 who are now unemployed since President Obama took office, 2,200,000 are 55 or older. The unemployment rate in this group is 7.3 percent, an all time high, and more than double what it was at the beginning of the latest recession. | + | The '''''[[New York Times]]''''' has reported older [[unemployed]] workers over 50 years of age may never work again in their lifetimes.<ref>[http://www.nytimes.com/2010/09/20/business/economy/20older.html?_r=1</ref> Of the 15,000,000 who are now unemployed since President Obama took office, 2,200,000 are 55 or older. The unemployment rate in this group is 7.3 percent, an all time high, and more than double what it was at the beginning of the latest recession. |
| | Nearly half of them have been unemployed six months or longer, according to the Labor Department. | | Nearly half of them have been unemployed six months or longer, according to the Labor Department. |