In it, but not of it. TPM DC

CHART OF THE DAY: Long Term Unemployment Is A Huge Problem -- Especially If You're Old


The following charts come from the Pew Charitable Trusts just-released addendum on long-term unemployment.

Not only is long-term unemployment much higher now than at any time since the government's started keeping data on the issue, but if you're old, you're really out of luck. Old workers are less likely overall to be unemployed than young workers. But if you're old and you lose your job, you're much more likely to end up in this unfortunate category -- just when your health is failing and cost of insurance is peaking.

(Image from ildogesto / Shutterstock)