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The news on older workers continues to improve. Since 2001, employment among persons ages 55-64 has increased. In fact, the unemployment rate for older workers is 3.7 percent, versus the national unemployment rate of 5.4 percent. And median wages and earnings for full-time older workers have grown at a expansion faster rate than for any other age group since 2001. This means that, on average, older workers have lower unemployment rates and higher earnings growth rates than any expansion other age group. Clearly, older workers are expansion an increasingly important part of the nation's workforce. Nowhere is the case stronger for tapping the skills of these older workers than with employers facing the skills gap. Since August 2003, 1.7 million new jobs have been created. Many of today's jobs require upgraded skills or some form of higher education. That doesn't necessarily mean a 4-year college degree. It can mean skills learned on the job or professional certification pursued through community colleges and apprenticeship programs in the skilled trades.
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