Today’s report on unemployment shows that the economy continues to gather steam – payrolls grew by 200,000 and the jobless rate ticked downward again, to 8.5 percent. But young Americans are having a much tougher time finding work than older workers. The seasonally-adjusted jobless rate for workers over age 55 stood at 6.2 percent last [...] [read full article…]
The Republican Party has staged a mind-numbing 18 presidential debates this year, and more questions and answers lie ahead as the primaries and general election get into high gear in the new year. The future of Social Security and Medicare will be central issues in the 2012 election. The ongoing debate about income inequality also [...] [read full article…]
Are older workers really faring better in this recession-wracked job market? Just seven percent of workers over 55 were jobless in October, compared with a nine percent national average, the Bureau of Labor Statistics (BLS) reported earlier this month. That’s a sizable gap, and it’s been roughly that size throughout the recession. The health of [...] [read full article…]
The jobless rate for workers over age 55 is much lower than for the workforce as a whole — it stood at 6.7 percent in September, compared with the 9.1 percent national rate. But older workers who do lose their jobs tend to be out of work much longer than younger workers – if they [...] [read full article…]
Join me later this month for a free webinar discussion of the key findings of my book, The Hard Times Guide to Retirement Security. The webinar, which will be held on October 25th at 10:00 AM Central Time, is sponsored by the International Mature Marketing Network, which graciously is waiving its usual registration fee and is [...] [read full article…]
