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Recovering Economy Leaves One Workforce Segment Behind

The nation’s economy may seem brighter to many employers and employees as 2016 dawns. But while the private sector continues to add approximately 200,000 jobs each month, one distinct group is lagging behind any benefits reaped by the economic recovery: older, female workers. So reports The New York Times.

The reasons are myriad and complex, especially because the percentage of older employees, in general, has been increasing overall. Still, women are apt to leave the workforce to raise children or care for aging parents, and tend to have more gaps in their resumes than their male counterparts.

But, that’s small comfort to out-of-work female professionals who have been networking and self-promoting themselves for years at a time, only to come up jobless when their younger peers have less difficulty doing so. As a recent study by the Federal Reserve Bank of St. Louis indicates, more than half of the long-term unemployed since the recession are older women. And their plight doesn’t show any signs of improving anytime soon.

Read the full article from The New York Times.

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