💼 August 2025 Employment Data Digest (AARP Article)

[Winter2025VA]

FROM THE ARTICLE.

By Jennifer Schramm, AARP Public Policy Institute. Published September 05, 2025.

[*] The U.S. economy added 22,000 jobs in August, a slowdown in pace from the 79,000 jobs added in July.

[*] The overall unemployment rate was up slightly from 4.2 percent in July to 4.3 percent in August. The 55+ unemployment rate was unchanged at 2.9 percent. For men ages 55+, it increased slightly from 2.9 percent to 3 percent. The unemployment rate for women ages 55+ also increased slightly, from 2.8 percent to 2.9 percent.

[*] In August, 23.2 percent of jobseekers ages 55+ were long-term unemployed, compared to 25.4 percent of jobseekers ages 16 to 54.

[*] The total labor force participation rate was up slightly, from 62.2 percent to 62.3 percent. For those ages 55+, it was unchanged at 38.1 percent. The (unadjusted) rate for those ages 65+ was up, from 19 percent to 19.4 percent.

USE LINK BELOW TO READ THE ARTICLE.

https://www.aarp.org/pri/topics/work-finances-retirement/employers-workforce/employment-data-digest/