Where Are All the Workers Going?

No doubt about it: Americans are pushing back retirement, either because they can’t afford to quit working or they don’t care to do so. For some, it is a bit of both. Labor force participation rates have been rising at older ages, even among people in their 70s, and they are projected to continue increasing. This is good news for workers, giving them more time to save for retirement and fewer retirement years to finance. It’s also good for employers …

Pushed Out of the Workplace

Have you ever felt like an employer was holding your age against you? If so, you aren’t alone. In these tough economic times, more and more Americans believe they are facing age-based discrimination at the office. In fact, a 2013 AARP study found that nearly 2 in 3 workers ages 45-74 said they have seen or experienced age discrimination in the workplace. Of those, a whopping 92 percent said it was very or somewhat common. Nearly 20 percent of the …

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 …