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Stories Tagged as

Older workers

COVID & Unemployment

Forced retirements will lead to prolonged inequality, report says

by Justin Ho
Jun 7, 2021
Black workers and those without college degrees were forced out of jobs at the highest rates during the pandemic.
Involuntary retirees face a higher risk of falling into long-term poverty, according to research from the Retirement Equity Lab at the New School.
FG Trade via Getty Images
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I've Always Wondered ...

How does age discrimination affect the economy?

by Janet Nguyen
Jun 3, 2021
Bias against older workers may lead to hundreds of billions of dollars in lost wages and GDP.
The problem of age discrimination, which hurts older workers and reduces GDP, may have worsened during the COVID-19 pandemic.
FG Trade/Getty Images
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Economic Anxiety Index®

Older workers worry about the prospect of finding a new job

by Jasmine Garsd
Oct 20, 2020
Age discrimination is illegal, but experts say it’s still rampant.
According to the latest Marketplace-Edison Research Poll, 30% of workers 55 and older aren’t confident at all about the prospect of finding a new job if they needed one.
Timothy A. Clary/AFP via Getty Images
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More older folks are working, but maybe not their preferred job

by Janet Babin
Aug 27, 2018
The unemployment rate continues to hover around historic lows — 3.9 percent as of last month. The tight labor market has been good news for groups that often have a harder time finding jobs, like people 55 and older. Unemployment for them is even lower at 3.1 percent. The number of older Americans in the […]
A job seeker fills out an application at a senior job fair in Palatine, Illinois. 
Photo by Tim Boyle/Getty Images
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Older workers struggle for cred in new economy

by Mitchell Hartman
Jul 8, 2014
Workers over 55 are less likely to be laid off but more likely to stay unemployed.
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Companies start to woo older workers with perks

by Ashley Milne-Tyte
Dec 9, 2013
Companies who rely on older employees are offering special incentives, from training in new job skills to babysitting services for grandkids.
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Finding new work difficult for older workers

by John Dimsdale
Jul 13, 2012
Finding a new job in this economy is hard for everyone, particularly for those above 55. It takes more effort, sacrifice and a little bit of creativity.
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Bad news for older workers

by Sarah Gardner
May 16, 2012
The Government Accountability Office says the number of long-term unemployed 55 and older has more than doubled since the recession began back in 2007. That's bad news for the economy and children of retirees.
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Makin' Money

Social Security and the job outlook

by Chris Farrell
Apr 10, 2012
Social Security claims came down last year, an intriguing sign that older workers are feeling better about their job prospects.
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Makin' Money

Will older boomers find jobs?

by Chris Farrell
Mar 14, 2012
The question is, will the jobs be there for aging boomers? Odds are, older employees will find work and entrepreneurship will flourish.
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