Employment for those 55 and over is at a record high. Young people are hit hardest by the economy.

[Bennyboy]

2. Well this is one skewed statistic...

TONS of people over 55 have been laid off and are off the UI rolls now. An good number have filed SSI claims. And of course, a good number have retired.

The truth s this... If you are over 50 you are too old to work according to all statistical measures. You cost to much for HC, file 70% of all Disability and Workers comp claims and have a high chance of being sick while employed.

In my world, as a 57 year old man who is BARELY employed, everyone I know that is over 50 is at the very end or off of UI insurance, on SSI (A LOT OF PEOPLE) and a few are retiring (all wee in unions of Public sector jobs).

So that stat isn't very accurate as to the whole picture.