economy

Jobs Are Coming Back … But How Well Do They Pay?

Posted on 04/29/2014 by |Money and Work | Comments

Bulletin Today | WorkFirst the good news: Millions of jobs that were lost during the Great Recession seem to be finally coming back. Now the bad news: Most of those newly created  jobs are low-paying ones in fast-food restaurants, retail stores and temporary administrative services —  industries that are less affected by an economic downturn, according to a new report by the National Employment Law Project, a research and advocacy organization. Today lower-wage industries employ 1.85 million more workers than at the start of the …

How to Survive Economy Class

Posted on 03/28/2014 by |Travel | Comments

TravelFlying economy class? I’m sure you’re anticipating the worst — and no, you’re not just getting grumpier as you get older! The seats are smaller than they used to be. Forget about pillows and blankets. Food? Maybe a little bag of peanuts with a tenacious seal. (How’d my seatmate get that thing open? Should I ask him to open mine?) Still, if you plan ahead, it’s not too much hassle to bring along some of the creature comforts we used …

Improving Economy? Not for the Long-Term Unemployed

Posted on 03/26/2014 by |Money and Work | Comments

Bulletin Today | WorkWhat’s the outlook for people out of work for at least six months? Longer unemployment. Three Princeton University economists examined the status of people who reported they were unemployed for 27 weeks or more between 2008 and 2012 — and then revisited them 15 months later. Only 11 percent had found steady full-time work one year later while 30 percent were still looking. As many as 35 percent had dropped out of the labor force altogether. Another 24 percent were in …

President Pushes for New Pension Savings, Job Programs

Posted on 01/29/2014 by |Washington Watch | Comments

Bulletin Today | PoliticsIn his State of the Union address on Jan. 28, President Barack Obama proposed a new retirement savings plan, called for more efforts to create jobs and outlined other measures that could benefit older Americans. Acknowledging that Social Security often isn’t sufficient and that many workers don’t have pensions, Obama described plans for a new type of IRA, called MyRA, to be created by the Treasury Department. “It’s a new savings bond that encourages folks to build a nest egg,” …

Free Advice for Job Seekers

Posted on 11/26/2013 by |Money and Work | Comments

Bulletin Today | WorkA big job placement firm is offering job seekers, and workers who want to transition into another position, free call-in advice in December. >> Sign up for the AARP Health Newsletter John Challenger, CEO at Challenger, Gray & Christmas, says job counselors will offer strategies to help people become more effective in their search. It’s happening on Dec. 26 and 27, from 9 a.m. to 5 p.m. Central time (phone number 312-422-5010). More information about the annual call-in is available at …

There is Nothing ‘Fuzzy’ About Social Security Benefits’ Positive Impact on the Economy

Posted on 10/22/2013 by |Public Policy | Comments

Your LifeThe idea that Social Security benefit payments help support local and state economies and the national economy is obvious to all 57 million beneficiaries who spend their dollars at stores and to the merchants who sell them goods and services. But it is not obvious to many in Washington. In a town focused only on what Social Security payments mean for the federal budget, a new report by AARP’s Public Policy Institute highlights, in actual dollars and jobs, what Social …