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This study tested: (1) whether older unemployed workers cognitively appraised the loss of their jobs more negatively than younger unemployed workers, (2) whether the use of action-oriented problem-focused job loss coping strategies was stable across age, while the use of distress-reducing emotion-focused job loss coping strategies increased with age, and (3) whether the higher use of emotion-focused job loss coping strategies was positively related to subjective well-being and life satisfaction for older adults. Results indicated that cognitive appraisal of involuntary job loss was perceived as more intense and less reversible as age increased, but age was not related to use of coping strategies and the outcomes of well-being and life satisfaction. This study reviewed and integrated job loss and aging literature. 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This study tested: (1) whether older unemployed workers cognitively appraised the loss of their jobs more negatively than younger unemployed workers, (2) whether the use of action-oriented problem-focused job loss coping strategies was stable across age, while the use of distress-reducing emotion-focused job loss coping strategies increased with age, and (3) whether the higher use of emotion-focused job loss coping strategies was positively related to subjective well-being and life satisfaction for older adults. Results indicated that cognitive appraisal of involuntary job loss was perceived as more intense and less reversible as age increased, but age was not related to use of coping strategies and the outcomes of well-being and life satisfaction. This study reviewed and integrated job loss and aging literature. 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