The Fact
The U.S. Bureau of Labor Statistics reported that among long-tenured displaced workers ages 25–54, 74.5% were reemployed in January 2024, compared with 55.3% among ages 55–64.
What This Means
The reemployment gap is not just a general displaced-worker problem. Older displaced workers had materially lower reemployment than prime-age displaced workers in the same survey.
Sources
- U.S. Bureau of Labor Statistics, Worker Displacement: 2021–2023, USDL-24-1777, released August 29, 2024.