AARP Study Finds the Road to Reemployment Is Bumpy for Many

Older job seekers who were out of work at some point in the last five years found that tapping their network of contacts, reaching out to employers directly and starting their job search immediately rather than taking a break tended to be more successful in landing a job, according to a new report entitled “The Long Road Back: Struggling to Find Work After Unemployment,” by the AARP Public Policy Institute. Yet for many others, the study found that a substantial number …

One Older Worker’s Job-Hunting Saga

The following post is by an AARP member who wanted to share his experience in finding a new position. He requested anonymity for himself and his current and former employers. One hundred job applications submitted. Forty-two phone interviews logged. Eighteen face-to-face job interviews. And finally, after 7½ months, a job offered and accepted. My journey began last March, when I was unceremoniously fired as a software engineering manager after 22 years. It wasn’t a complete surprise. The company had been …

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 …