From Firefighter to Nurse: AARP Champions Lives Reimagined

The June AARP Bulletin features four older adults who re-careered to nursing from vastly different professions-firefighter, monk, newspaper reporter and judge. All over the age of 50, each had successful careers and had found their niche. Yet each craved change. Taking a page from AARP’s “Life Reimagined” initiative, Edward Moriarty, 61, of the New York Fire Department became a visiting nurse; Chris Tower, 62, left a monastery to become a psychiatric nurse practitioner; Tracy Gordon Fox, 50, left a daily …

IBM Halts Practice of Disclosing Ages of Fired Older Workers

At IBM, older workers who believe they were fired because of their age may have a harder time proving their claim under a new company policy, Bloomberg News reports. The New York-based tech company is no longer providing fired workers over age 40 with the ages and job titles of other older workers dismissed in a group layoff, the report said. That disclosure is important because it helps fired employees assess whether IBM has potentially demonstrated a pattern of age discrimination …

Unemployment for Older Workers a Little Bit Better

Employers added a higher-than-predicted 288,000 jobs to the economy in April and older workers seemed to benefit a little from that momentum, the government said Friday. Among men age 55 and older, the jobless rate in April declined slightly to 4.7 percent from 4.8 percent in March.  Older women saw a similar drop, to 4.6 percent from 4.7 percent the month before. For some perspective on the improving employment picture, consider that in April 2013, the jobless rate for older …

The New Older Workers: Women

The U.S. workforce has been turned on its (graying) head. New research finds that workers at or near retirement age are taking up a bigger share of the labor pool – a trend that’s driven mainly by women. And in this ever-evolving jobs landscape, older men and women are projected to be working more in the next decade. Using the latest Census Bureau data, the Washington-based Employee Benefit Research Institute looked at workers’ labor force participation rates over the last four …

Improving Economy? Not for the Long-Term Unemployed

What’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

How 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 …