More Boomers Are Becoming Their Own Bosses

Do you have a plan to recession-proof your life? A growing number of workers age 50-plus do, and it involves turning interests, hobbies or skills into a small business. Many older workers are using decades of experience and business connections to become their own bosses. These “encore entrepreneurs” bring to the effort a lifetime of knowledge. And their numbers are on the rise. in fact, from 1996 to 2012, Americans ages 55 to 64 had a higher rate of entrepreneurial …

AARP Will Work With President, Congress for Secure Future

The president’s speech tonight addressed issues AARP has been working on since long before President Lyndon Johnson’s war on poverty began over 50 years ago. Social Security and Medicare have helped make a difference by protecting the middle class and keeping millions out of poverty, but many families and Americans of all ages continue to struggle. As we look toward this season of new budget proposals, we also urge the president and Congress to fight for responsible solutions to strengthen …

Extended Jobless Benefits Clear Hurdle in Senate

When it comes to unemployment, older Americans face a double whammy. Many face age discrimination. (About a third say that they – or someone they know – were recently discriminated against because of their age.) On top of that, employers also discriminate against job applicants who have been out of work the longest, according to Deborah Chalfie, AARP senior legislative representative for financial security. Of the unemployed, people 55 or older were out of work an average of 51 weeks, …

Older Unemployed Face a Tough Road

What’s the prognosis for the older long-term unemployed? Grim. That’s the takeaway from “Set for Life,” a new American Public Television documentary underwritten by the AARP Foundation. The hour-long program tracks several primary breadwinners who have lost their jobs, the effect that has on their families and their efforts to land a new one. The program catalogs the dismantling of the American Dream – an informal compact that assured workers of relative job stability, health care, and the opportunity to …

EEOC Making Do With Less

2013 was a rough year for the Equal Employment Opportunity Commission. First there was the sequester, which cut the agency’s budget by 5 percent and forced the agency to furlough employees for up to 40 hours. Then there was the 16-day government shutdown, during which only 5 percent of the EEOC’s employees were allowed to work, making it impossible for its lawyers there to review claims, litigate them or mediate them. Even so, the EEOC recovered more money for victims …

Jobs Poll: Things Are Better … but Not Good

Only 15 percent of Americans age 45 or older looked for a job in the past year because of employment uncertainty, according to our AARP Bulletin poll published in September. It has been six years since the start of the Great Recession, but people are still uneasy about their current jobs. Confidence about job stability has improved since 2009, but fewer than half of those polled feel that their jobs are stable (49 percent now versus 39 percent in 2009). …