If this isn’t a wake-up call, I don’t know what is.
While the recession has forced many Americans to delay retirement, one of the hardest hit are those already retired in search of work. There are 6.6 million Americans age 65 or older who have lost their jobs in the recession, 61% more than the 4.1 million unemployed in this age group in 2000, The New York Times reports.
This is five times the number of people in this age bracket who were unemployed in the Great Depression. Making matters worse, many older Americans still owe money on their mortgages.
Check out AARP.org’s section on work to get job tips and find out more about issues concerning older workers.