Economy May Turn Firms Against Hiring Older Workers
Detroit News Online (02/22/01) Vol. 105, No. 8 p.17; Rubinkam, Michael
The unemployment rate for workers over 55 in 1992 was=20
4.8 percent, but that rate shrunk to 2.6 percent in 2000,=20
according to the U.S. Department of Labor. However, as the=20
economy begins to slow down, employers may not hire older workers
because they are unsure of their abilities and willingness to=20
adapt to a changing environment. The AARP believes that age=20
discrimination could become a strategy for employers in the=20
declining economy. However, labor experts like Bill Purdue=20
believe that employers will chose older adults for positions=20
because they are reliable, experienced and loyal.