According to New York Times staffer Patricia Cohen, many women over the age of 50 are still unemployed even with a growing job market.
Chettie Mcafee was employed at her job for three decades until she got laid off in 2007. Now, nearly 10 years later she is still unemployed. The postrecession for women over 50 has been increasingly difficult, and many women of this age group are earning less and less. Before 2006-2007, less than 25% of the unemployed had been out of work for more than 6 months. From 2012-2013 jobless women made up half of the long-term unemployment rate.
At 5 percent, the jobless rate may be close to what economists consider full employment, but that headline figure doesn’t capture the challenges still facing millions of Americans who have yet to regain their footing in the workplace.
But many of these older women now earn far less and use many fewer skills than they did before. Others have been left stranded without any job for months or even years. Some have given up the search altogether.