Faygo Sued for Age Discrimination – by Founder’s Grandson

Detroit-based Faygo, a fixture in the soft drink industry since 1907, is being sued for age discrimination by the grandson of one of the company’s founders. Hugh Rosenthal, 70, says he lost his job as Faygo’s director of marketing two years ago simply because of his age. In a lawsuit filed in U.S. District Court, in which he seeks lost wages and damages, Rosenthal argues that if he’d been younger “he would not have been terminated.” “I took so much pride …

Impact of an Aging America on Individuals and Institutions

AARP Executive Vice President Nancy LeaMond delivered the following speech on the impact of an aging America on individuals and institutions in an address to AARP staff and volunteers this morning:   Impact of an Aging America on Major Institutions Good morning. Welcome to the 2014 State & National Group Leadership Summit. And a special welcome to the staff and volunteers who traveled from every corner of the country – and beyond – to be here this week. I’d like …

Guess Who’s Working From Home?

If you think women work from home more than men, maybe helping a child with homework after school or cooking dinner in between phone conferences, you’d be mistaken. More men telework and more women spend time in the office. And of those who work remotely, about 1 in 3 have no children, according to a myth-busting report released this week by the Madison, N.J., consultancy Flex+Strategy Group / Work+Life Fit Inc. The researchers surveyed 556 full-time employees in December to …

More Boomers Are Becoming Their Own Bosses

Do you have a plan to recession-proof your life? A growing number of workers age 50-plus do, and it involves turning interests, hobbies or skills into a small business. Many older workers are using decades of experience and business connections to become their own bosses. These “encore entrepreneurs” bring to the effort a lifetime of knowledge. And their numbers are on the rise. in fact, from 1996 to 2012, Americans ages 55 to 64 had a higher rate of entrepreneurial …

News To Know: A Change Will Do You Good

Survey results show that older workers who found new jobs are happier.