Job Gains for the 55-Plus: Not Too Shabby

Employers capped a year of solid hiring by adding 252,000 jobs to the economy in December — and older workers welcomed those gains. The national unemployment rate for people 55-plus dipped by 0.6 percent to 3.9 percent last month, a bigger monthly decline than the rate for workers overall, according to the Bureau of Labor Statistics. Better still, workers 55 and older saw their jobless rate fall over the past year from 5.1 percent in December 2013. Older women seemed …

Wisdom for Life in the New Year

As I travel in diverse circles from day to day, I pick up tidbits of wisdom from various voices, whether from speeches, conversations or even something I may have read. Approaching 2015, I’ll take a moment now to reflect and share a few recent quotes for what I call “wisdom for life in the new year.” The first quote comes from the Rev. Jesse Jackson Sr. as he eulogized former D.C. Mayor Marion Barry Dec. 6. He said: “When champions …

During the Holidays, Let’s Remember Family Caregivers

It’s that time of year when millions of families begin enjoying new scents from the kitchen, the excitement and anticipation from the children, and the sights and sounds of celebration and merriment from multiple directions. But the hustle and bustle of the holidays can be especially difficult for those caring for a loved one who is almost totally dependent on them. In fact, about 42 million people around the United States are totally or partially responsible for a family member who …

7 Social Security Quirks You Should Know

Note: Join AARP expert Jean Setzfand today, Friday, October 24, from 2 to 3 p.m. ET for a live Facebook Chat with Yahoo! Finance about Social Security claiming and ask Jean or another expert your own question here: https://www.facebook.com/yahoofinance. See Setzfand’s advice in a story from Yahoo! Finance just posted today as well: http://finance.yahoo.com/news/3-ways-to-boost-your-social-security-benefit-163853751.html. As I travel and talk with folks about planning for their future, “when to claim Social Security benefits” is, hands down, the most frequently asked question …

In Thailand, Retirement Is Not Always a Choice

Pa’ Noi manages the neighborhood restaurant that my boyfriend, Joe, and I love here in Thailand, where I’m doing part of my master’s program in gerontology. When we arrive, she greets and seats us, and patiently waits as we, the farangs (Thai for “foreigners”), fumble through our orders. When we finish, she brings us our check and our change, and she inevitably beats the busboys to a first swipe at our table. Pa’ Noi is 71, and she’s great at …

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 …