Thursday, April 7, 2011

CFEC/Christian HELP on CBS Sunday Morning

Christian HELP/CFEC was recently used as the backdrop for this CBS Sunday morning story on unemployment over 50.

http://www.cbsnews.com/stories/2011/04/03/sunday/main20050117.shtml

•The national unemployment rate is currently 8.8%, the lowest it has been since March 2009; however, Florida still lingers behind

•Florida, currently, holds the 3rd worst unemployment rate in the country at 11.5%

•In the past month, approximately 23,000 jobs were added in the customer service and hospitality industry

•Recent job reports reveal the average unemployment time period increased in March to 39 weeks

•Laid off workers under the age of 34 have a 36% chance of finding a new job within a year; in their 50’s, it’s only 24%, and past 62, just 18%.

•Christian HELP holds job fairs in Orlando every two months. During the most recent job fair, over 2,000 job seekers showed up in search of employment

•Despite improving job data, older unemployed workers are having more trouble finding work, as companies favor less-experienced, cheaper candidates. Tracy Smith looks into what it takes to find a job for an unemployed baby boomer

•Statistically, persons 50 and older are less likely to be laid off…

•In joint study from Boston College and Rutgers, researchers discovered that a growing number of people over 50 are involuntarily working part time jobs or just quit looking for jobs.