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Elderly long-term unemployment up 16.2% as firms shun older workers

Long-term unemployment among the elderly rose 16.2%, attributed to employer reluctance rather than a lack of willing workers. This signals labor market slack and potential structural mismatch, which could weigh on wage growth and consumer spending.

Poslovni Dnevnikabout 22 hours agoCredibility 23%View source

Score Breakdown

Mosaic Score5.0
Confidence0.5
Significance0.5
Source credibility0.2

Intelligence Tags

#unemployment#labor-market#elderly#structural#wage-growth
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