Age-bias laws backfire on jobless boomers

Age-bias laws backfire on jobless boomers
- April 22, 2014
- Research by David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, and Patrick Button, economics graduate student, is featured in The Wall Street Journal – Marketwatch April 22, 2014
From the WSJ:
Older boomers have been high-profile casualties in the recent economic cycle. While
their unemployment rate has been lower than the national average, those who’ve lost
their jobs have tended to stay unemployed much longer than their younger peers – almost
twice as long… But according to David Neumark and Patrick Button, economists at the
University of California, Irvine who wrote the Fed report, the majority of states
have age-bias laws that are more plaintiff-friendly than the federal code. In all,
29 states allow “larger damages under less strict standards” than federal law.
For the full story, please visit http://blogs.marketwatch.com/encore/2014/04/22/age-bias-laws-backfire-on....
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