90% Of June Job Gains Went To Workers 55 And Older | Zero Hedge
“When breaking down the job additions by age group as per the Household Survey, of the 180K jobs added in this particular survey, 259,000 were in the 55 and over age group, while only 28,000 were added in the critical 25-54 age group. Young workers, those under 24, lost a collective 107,000 in June. In other words, 90% of all job gains in the month went to workers 55 and over. […]
“Since the start of the 2007 recession, nearly 10 years ago, over 8 million jobs have been gained by workers 55 and over. Everyone else, and especially those 25-54, have lost jobs, with the “younger” cohort of American workers still down 3.4 million jobs since December 2007.”
when breaking down the job additions by age group as per the Household Survey, of the 180K jobs added in this particular survey, 259,000 were in the 55 and over age group, while only 28,000 were added in the critical 25-54 age group. Young workers, those under 24, lost a collective 107,000 in June.…
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