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 [...] [...more]
Last week’s dismal unemployment report contained what looks like a glimmer of hope for older workers. The August jobless rate for workers over 55 was 6.6 percent – far below the 9.1 percent national average. But the August jobless numbers masks broader weakness in the job market for older Americans, because it measures only workers [...] [...more]
Most older job hunters are comfortable with basic business technology— computers, the Web, email and smart phones. But we still have some Luddites out there – you know who you are – trying to squeak by, hoping to finish their working years without getting fluent in technology. That’s especially true of social media tools like [...] [...more]
Working longer has been Retirement Plan B ever since the great crash of 2008. But for many workers, it’s now Plan A — and no Plan B is in sight. That’s the key finding from the 12th Annual Transamerica Retirement Survey, which surveyed 4,080 American workers of all ages on their attitudes and expectations about [...] [...more]
In 2005, Deborah Ramsey was working as an administrator for a technology consulting firm that was undergoing restructuring, the tail end of a phase of her career that also included jobs in the banking and insurance industry. “A lot of people were being laid off or leaving. I had been through two big layoffs before, [...] [...more]
