RE: In the fourth quarter of 2013, the standard unemployment rate (referred to as U-3) for native-born adults who have not completed high school was 16.6 percent, while for those with only a high school education it was 8.5. The U-3 unemployed are people who have looked for a job in the last four weeks.
_________________________________
Here’s the interesting question — what is the average time it takes for a laid off employee who is over 50 years old to find another job?
I ask this question because a significant number of those who were laid off during the mortgage meltdown were over 50 years of age.
took me 4 months from layoff to reemployment, had lots of interviews 8-9 and i am 58-59