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Recent WorkPosts

Space Shuttle Discovery Gets a Ride

Helping the Unemployed Recover After the End of the Space Shuttle Program

Posted on 05/15/2012 by | volunteer | Comments

WorkThis is a guest post by Dan Kulpinski. Kulpinski is a web writer and producer for the AARP Foundation. Space Shuttle Discovery piggybacked a ride over Washington, D.C., April 17, drawing many oohs and ahhs and prompting many folks here at AARP headquarters to go up to the roof or down to the National Mall to see the spectacle. The event reminded us that the shuttle era is over, but in Brevard County, Florida – home to the Kennedy Space …

NBC Nightly News: Changing Careers On the Road to Retirement

Trading Higher Pay for Higher Job Satisfaction on the Road to Retirement

Posted on 05/12/2012 by | AARP Blog Author | Comments

Money & Savings | WorkDownshifting your career can mean an uptick in job and life satisfaction. As Ron Mott explains in this NBC Nightly News “Road to Retirement” segment, many Americans – especially people 50+ – are opting to take the reins themselves. That was the case with Gay Spear of Charleston, South Carolina. The former postmaster and marine became a tour guide and she isn’t looking back. “To me it’s more fun than it is work.” Apparently more people are willing to trade …

Thousands Lose Long-Term Jobless Benefits

Posted on 05/10/2012 by | Money and Work | Comments

Money & Savings | WorkMaking house payments and putting food on the table could get much more difficult for some 200,000 chronically unemployed workers around the United States. On Friday, federal long-term jobless benefits are set to expire in eight states–Texas, California, Colorado, Connecticut, Florida, Illinois, North Carolina and Pennsylvania, according to the National Employment Law Project. This comes one month after extended unemployment benefits expired in 15 other states, cutting off hundreds of thousands of long-term unemployed workers. “This is pretty devastating to …

Economists: More older workers retired in April

Economists: More older workers retired in April

Posted on 05/8/2012 by | Money and Work | Comments

Money & Savings | WorkYesterday I wrote about droves of older Americans who’d checked out of the workforce in April, perhaps because some were unemployed for a long time and had given up looking in a weak jobs market. But a few economists who’ve been studying the labor force see a more positive trend: they believe many of these people just plain retired. Economist Mark Zandi, in a USA Today report, says more employed workers than unemployed dropped out of the labor force last month. …

Disproportionate Number Of Older Workers Lost Jobs

Posted on 05/7/2012 by | Money and Work | Comments

Money & Savings | WorkFed up with the lack of hiring or just plain unlucky, a disproportionate number of older Americans either lost a job or checked out of the workforce in April. That’s the grim conclusion you reach when you parse through the federal government’s April jobs report, released last week. Workers age 55-plus account for only about one-fifth of the labor force. Yet last month they lost almost as many jobs (102,000) as workers ages 25 to 54 (139,000). To add to …

Unemployment Rises for Older Workers

Unemployment Rises for Older Workers

Posted on 05/4/2012 by | Money and Work | Comments

WorkApril was another disappointing month for older workers: the unemployment rate for people 55-plus rose one-tenth of 1 percent to 6.3 percent, the government reported Friday. In fact, it was the third straight month that joblessness rose for older workers, from 5.9 percent in February and 6.2 percent in March. The situation for older men remained the same—the rate hovered at 6.3 percent in April, same as in March. But that was a big jump from 5.7 percent in February. …

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