Although 142,000 jobs were added this past August, it was
the first time in six months that fewer than 200,000 jobs were created. Those who are still struggling to find
work believe that their age is holding them back from employment. U.S. Labor Secretary Tom Perez admits
speaking to many people who believe that this is the case. According to CNN, 1 in 3 people looking
for work have been unemployed for over six months, which currently equals about
3 million people.
Perez later comments that over the past 12 months,
professional services such as architects and accountants have been adding the
most jobs. Are firms now hiring
college graduates over older and experienced workers, or is the worrying unnecessary?
http://money.cnn.com/2014/09/05/news/economy/jobs-report-labor-secretary-perez/index.html?iid=HP_River
I find this interesting because this idea goes along with a article I read on the Economist (http://www.economist.com/node/21610975), it said prime-age 25-54 employment has the lowest growth, with only 1.4% growth since 2010. Young workers (16-24) has the second best growth with 8.5% and the group with the best employment growth is older workers (55 and over) which is at 18.2%. The age bias seems to be in the prime-age group which is concerning to me because it puts pressure on people to find a steady and stable job before you become 24 which is right around the time when you get out of college or else it will be tough to find a job. Also if you don't go to college, the difficulty of finding a job increases by a lot.
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