Inside these posts: Older workers

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Older job-seekers more willing to take pay cut

From The New York Times | A study by Boston College’s Sloan Center on Aging & Work has found that older workers are more willing to take a pay cut when searching for jobs than their younger counterparts — 77 percent versus 64 percent.

Companies hiring, but not older workers

Companies are starting to hire again, but many are turning their backs on older job seekers.

The unemployment rate for those in the 25 to 54-year-old age group has fallen from a record high of 9.2% in October to 8.7 percent in May. But the nationwide unemployment rate for older workers — while lower than that of younger workers — has barely moved since hitting a record high of 7.2 percent in December. It’s currently 7.1 percent. Get the full story »