Monday, January 30, 2012
Top Cities with High Unemployment for 65 and over
24/7 Wall street reports that at the end of 2010 7.3% of Americans 75 and older were employed which is the highest level since 1966. Many older Americans lost retirement money and need to work in order to survive. More retirement-age people are searching for work, more are unemployed, and more are having a difficult time paying their bills.
The high unemployment rates among the 65 and over are not necessarily the same cities that have a high unemployment rate. Metropolitan regions have the unemployment rate lower than the national average, and other cities are harder hit. For those seeking to reenter the work force for 65 and over have a higher challenge in cities that rely on finance, telecommunications and technology.
The highest ranked cities for those 65 and older to find jobs:
Austin, Round Rock and San Marcos, Texas; rate 10.3% general rate: 7.1%
Bridgeport, Stamford, Norwalk, Conn: rate 11.3%; general rate 11.3%
Las Vegas, Paradise, NV; rate 13.4% general rate 14.7%
Seattle, Tacoma, Bellevue, WA: rate 14.2% general rate: 10.6%
Tampa, St.Petersburg, Clearwater FL, rate 14.5%; general rate 11.3%
Charlotte, Gastonia, Rock Hill, NC/SC; rate 15.5% general rate 10.8%