jobs

Who Weathered the Recession the Best?

Posted on 07/3/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsMany Americans are still reeling from the last recession, although the oldest among us weathered the economic decline better than other age groups. That’s according to a recent report by the Census Bureau that looked at how Americans ages 65 and up fared during and after the 2007-2009 recession. These older consumers were somewhat buffered by more conservative investment strategies as well as high homeownership and a resistance to squeezing all equity out of their property by refinancing. It wasn’t …

Come to AARP’s Free Online Career Fair June 3

Posted on 05/29/2014 by |Online Executive Producer | Comments

WorkAARP is holding a free virtual career fair on June 3 from 10 a.m. to 7 p.m. ET that can help put you in touch with companies that are hiring. Job search advice will also be available. The AARP Real Possibilities Virtual Career Fair will feature employers that have signed the Life Reimagined for Work pledge, which says they value experienced workers. Companies scheduled to participate include Abt Associates, AlliedBarton, American Red Cross, AT&T, BB&T Bank, Blue Buffalo Ltd., Coconino County (Ariz.), Elite Senior Home …

Three Generations, Three Different Retirements

Posted on 05/1/2014 by |Money and Work | Comments

Bulletin Today | WorkSo it seems that boomers and the Generation X that followed them believe a traditional retirement, the kind where you clock out of the job permanently at age 65 to travel, play golf, visit the grandkids or relocate to a sunnier destination, isn’t in their future. Yet Millennials, the oldest among them in their mid 30s, are much more hopeful. They predict they’ll retire at or before they reach their mid 60s, according to a survey released Wednesday by the nonprofit …

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 …

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 …

Is It a Good Time to Find Work? Most Say No

Posted on 03/21/2014 by |Money and Work | Comments

Bulletin Today | WorkHow do Americans view today’s job market? Apparently not favorably. In a Gallup poll of 1,048 adults in March, more than two-thirds (68 percent) said now is not a good time to find a quality job. Only about 1 in 4 (28 percent) were positive about the odds of landing a position, the highest measure since the start of the economic downturn in January 2008. >> Sign up for the AARP Money newsletter Older workers were even more pessimistic. Among those …