Good News for Older Workers

Older unemployed workers saw welcome gains in the job market in September as employers expanded their payrolls by a higher than predicted 248,000 jobs. The national unemployment rate for people ages 55 and older fell last month from 4.6 percent to 3.9 percent, a bigger drop than the rate for workers overall, the government said. For men ages 55 and older, the jobless rate dipped to 4 percent in September from 4.4 percent the previous month. Last year at this time …

9 Things to Know if You’re Laid Off After 50

Tales from the newly laid-off have been overflowing my Facebook news feed of late. These journalist friends, all of them over 50, are gobsmacked by the idea that their publications will go on without them. I get it — the same thing happened to me five years ago — and I’m heartsick for all of them. On the dark day in 2009 when I was unceremoniously dismissed from USA Today, I was informed that my job had been “eliminated.” Of course, …

Need a Job? This Search Tool May Help

Looking for work? A new interactive mapping tool helps job seekers pinpoint the cities, counties and states with the best opportunities for their particular skills. Users plug in their occupation, and a free, color-coded U.S. map from Glassdoor, a job search website, highlights the areas with the most job openings for their line of work. A nurse who clicks on the map, for example, will find that Texas has more than 40,000 openings. Zoom in further and the map will show that Dallas alone …

Oldest Americans Weathered the Recession Better Than Others

Many 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 …

AARP to Host Free Virtual Career Fair June 3

AARP 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

So 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 …