Prime-Aged Workers Less Employed Than They Were Before Recession

Prime-Aged Workers Less Employed Than They Were Before Recession

David Piece has not been someone who has ever sat around just watching his life happen. He has been a chef and also had a catering business along with it. He was a singer in the choir of his church and was involved actively in community theatre. This is where he met his spouse too.

When he was in his mid-50s, the doctors had removed one part of the foot of Pierce due to a complication caused by diabetes.

Pierce has said that since then his health started to go down and then it took a turn for the worse. He says that he was not able to even maintain a part-time schedule.

One year earlier, he went on disability where he joined an army of men who had also left their workforce forever.

Although the market for jobs has rebounded after the Great Recession took place, there is one segment of the population which has not had its share in the recovery. The men who are aged between 25 Years and 54 Years are likely to be less in employment than they once were according to an economics professor named Melissa Kearney.

In the year 1968 close to 95% of their men who were in the prime working years of their lives had jobs. The number in the current market has fallen to only 86%. This is after taking into consideration that the market of jobs in the current world is very tight.

Kearney has said that the recovery and growth of employment in the last five years have been extremely encouraging. However, she feels that there is a lot more which needs to be done to get prime-aged workers to join the workforce.

Mark Hansley

About Mark Hansley

Mark Hansley with a Master’s Degree in Economics and a total experience of 7 years in the writing world, he has been among the most dedicated and lively person of the portal’s team. Also, Mark takes the entire accountability of the Business domain of this portal. He has been a part of this portal for 5 years now. Mark also trains new joiners. He writes his opinion and thoughts via news reports and blogs that entails interviews of prominent industry personalities, deals & agreements, new developments, stock markets, financial affairs, start-ups, mergers & acquisitions, cryptocurrency, digital economy, and much more.

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