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May 19, 2009
When it comes time to lay off workers, employers do take age into consideration.
They do the same when it comes time to hire.
The "Wall Street Journal" says because employers are wary of age discrimination lawsuits they're tending more and more to opt for a "last in, first out" policy, which means laying off younger employees.
That causes people in their 20s and 30s to feel as though they're being discriminated against.
Labor Department numbers tend to back the perception up.
The unemployment rate in April for men and women aged 25-to-34 was nine-point-six-percent.
For those aged 55 and up the jobless rate was six-point-two-percent.
The finding is at odds with a perception among older workers that employers tend to keep younger lower salaried employees while giving better paid, more mature employees the boot.
The opposite appears to be true when it comes to hiring.
The AARP says 60-percent of workers over the age of 55 believe age discrimination in hiring has increased in the last five years.
The National Bureau of Economic research found laid-off workers in their 50s only have a 75-percent chance of being hired within two years of a job loss.
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