From the Federal Reserve Bank of San Francisco:
Increasing unemployment duration for older workers has led to speculation that age discrimination may have played a role. Increased discrimination during poor labor markets might be expected because long queues of job applicants allow employers to apply more arbitrary selection criteria when making hiring decisions. … David Neumark is Chancellor’s Professor of Economics and Director of the Center for Economics & Public Policy at the University of California, Irvine, and a visiting scholar at the Federal Reserve Bank of San Francisco. Patrick Button is a Ph.D. candidate at the University of California, Irvine.

For the full story, please visit http://www.frbsf.org/economic-research/publications/economic-letter/2014....

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