Join or Renew With AARP for Just $16 a Year
- Discounts on travel and everyday savings
- Subscription to AARP The Magazine
- A voice in Washington and in your community
- Free membership for your spouse or partner
In the 1960s and 1970s, the United States had the best-educated young people in the world, or pretty close to it. But a disturbing new report from the Council on Foreign Relations says that the generations who’ve followed the boomers haven’t been able to maintain that global edge – and that, as a result, America’s ability to compete economically is suffering as well. Related: Are We Teaching Our Next Generation the Right Stuff? The council, a nonpartisan think tank whose …
A generation of pessimists has spawned an enthusiastically upbeat generation of kids. A newly released Gallup Poll shows that only 5 percent of the children interviewed thought it was unlikely they would not have a better life than their parents. Adults surveyed last month for the USA/Today Gallup poll were split evenly on their hopes for the future of their children. A full 43 percent of the children polled, grades 5 through 12, thought it was very likely they would do …
Employers would rather hire workers over 50 than those under 30, according to a new survey. Hiringmanagers said “mature workers” were more reliable, more professional and had better writing skills, among other benefits. Younger workers were seen as having a less positive work ethic and being less skilled at time management. They did have the edge, however, when it came to creativity and technological savvy.
Call it generational rebellion at its finest: It seems all the gloomy retirement forecasting for boomers has been inspiring their kids to save more. Workers in Gen X and Gen Y are both starting retirement savings earlier and more likely to make automatic contributions than members of the boomer generation, according to a new survey.