NEWS FLASH

Number Of Long Term Unemployed Workers Over Age 55 Has Doubled Since 2007 | According to a Government Accountability Office report obtained by Reuters, “the number of long-term unemployed workers aged 55 and older has more than doubled since the recession began in late 2007.” “About 55 percent of jobless seniors, or 1.1 million, have been unemployed for more than six months, up from 23 percent, or less than 200,000,” the report says. Overall, more than 40 percent of the unemployed have been out of work for six months or more.