Story at a glance

  • Unemployment rates have gone up across the board during the coronavirus pandemic.
  • The unemployment rate is especially high for women 55 and older, compared to other populations.
  • Since March, the unemployment rate for older women has grown by almost five times as much.

New data from the Bureau of Labor and Statistics (BLS) shows that women 55 and older have been hit hard by the unemployment wave during the coronavirus pandemic. 


America is changing faster than ever. Add Changing America to your Facebook or Twitter feeds to stay top of the most important news.


The unemployment rate for older women in April was 15.5 percent, nearly five times what it was just one month earlier, according to the AARP’s analysis of the latest data. The rate of unemployment is higher with older women than both older men and the overall population of older workers, which have also increased. 

In comparison, the unemployment rate for the general population in April was 12.1 percent, a little more than three times the rate in March, which was 3.4 percent.


WHAT YOU NEED TO KNOW ABOUT CORONAVIRUS IN AMERICA

EXPERTS: 90% OF CORONAVIRUS DEATHS COULD HAVE BEEN AVOIDED

HERE'S WHEN IT'S SAFE FOR YOUR STATE TO REOPEN

HERE ARE THE 6 WAYS THE CORONAVIRUS PANDEMIC COULD END

HOW DOES THE CORONAVIRUS PANDEMIC AFFECT SUICIDE RATES?

CORONAVIRUS HAS MUTATED INTO MORE THAN 30 STRAINS, NEW STUDY FINDS


Older workers are likely to be unemployed much longer than younger workers, and some may even end up retiring early. Since March, the percentage of people 55 and older who are active in the labor force dropped from 39.8 percent to 38.6 percent, the analysis found. 

States have begun to reopen their economies in hopes of lowering the unemployment rate. But even if they do find a new position, older workers are likely to end up settling for a lower position than their former job and put themselves at higher risk of contracting COVID-19 if they return to work. 


BREAKING NEWS ABOUT THE CORONAVIRUS PANDEMIC

THESE ARE THE 6 WAYS THE CORONAVIRUS PANDEMIC COULD END

WHO: THERE'S NO EVIDENCE WEARING A MASK WILL PROTECT YOU FROM CORONAVIRUS 

HERE'S WHEN THE CORONAVIRUS WILL PEAK IN YOUR STATE

FAUCI PREDICTS ANOTHER CORONAVIRUS OUTBREAK IN THE FALL WITH A 'VERY DIFFERENT' OUTCOME

MORE THAN 1000 TEST POSITIVE FOR CORONAVIRUS AT TYSON MEAT PLANT THE DAY IT REOPENS


 

Published on May 12, 2020