Older Workers Laid Off In Recession Still Struggling to Find Comparable Work

Posted on 08/22/2012 by |Money and Work | Comments

Bulletin Today | WorkIt’s been nearly four years since the end of the Great Recession was declared, yet a new survey shows that older Americans who were thrown out of work continue to struggle. More than 600 workers ages 40 t0 69, who lost their jobs amid the downturn, took part in the annual Transamerica Center for Retirement Studies poll. Many say they’ve settled into positions that were below their skill level or pay grade, or made do with part-time work because they couldn’t …