Laid-off Older Workers Have Bleak Outlook

People who are 55 years or older and are unemployed spend an average of 54.1 weeks in unemployment.  One of these workers, Tom Magnone of Liberty Township, Ohio said he has filed applications for 920 different jobs.  Sometimes workers have to rely on temporary work when possible to make ends meet.  Compared to younger workers, older ones more often spent half of a year in unemployment even before the economic downturn.  Therefore, age discrimination has been a problem.  This helps widen income inequality as jobless older workers cannot make ends meet and younger workers often get paid less than older employed workers.  Meanwhile, CEOs and the upper tenth of the Top 1% continue to take home record paychecks.
http://www.huffingtonpost.com/2012/03/09/jobs-report-unemployment-older-workers_n_1333699.html