Title: Age Disparities in Unemployment and Reemployment During the Great Recession and Recovery
Abstract: During the Great recession, older workers experienced lower unemployment than their younger counterparts.•Unemployed workers in their fifties were about a fifth less likely than those age 25 to 34 to become reemployed.•median monthly earnings declined 23 percent upon reemployment for workers age 50 to 61, compared with 11 percent for workers age 25 to 34. age Disparities in Unemployment and reemployment during the Great recession and recovery www.urban.orgUnlike younger workers, those age 62 or older who become unemployed may collect Social Security, helping them meet current expenses, but early claiming reduces monthly Social Security benefits.