unemployment

Improving Economy? Not for the Long-Term Unemployed

Posted on 03/26/2014 by | Money and Work | Comments

Bulletin Today | WorkWhat’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 …

Senate Deal on Jobless Benefits Won’t Bring Fast Relief

Posted on 03/14/2014 by | Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsOne of the hurdles blocking the extension of unemployment insurance benefits for about 2 million long-term unemployed workers has been eliminated. A small group of Republicans and Democrats in the Senate on March 13 reached an agreement that would extend benefits for another five months – gathering enough support to prevent a filibuster by opponents. The extension would be retroactive to Dec. 28, 2013, when benefits expired. Legislators who have been against extending benefits cite the cost, which runs about …

Pushed Out of the Workplace

Posted on 02/27/2014 by | Grassroots Advocacy | Comments

PoliticsHave 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 …

What’s the Nation’s No. 1 Problem?

Posted on 01/16/2014 by | Washington Watch | Comments

Bulletin Today | PoliticsIt’s the government, stupid. Bill Clinton won a presidential campaign with the motto, “It’s the economy, stupid.” But these days the top issue to most Americans is the government, according to a new Gallup poll.   Some 21 percent of Americans polled in the Jan. 5-8 survey said that the most important problem facing the country today is the government itself — including poor leadership, corruption, abuse of power and general dissatisfaction with Congress and politicians in general. The second most important …

Will Congress Revive Jobless Benefits?

Posted on 01/8/2014 by | Washington Watch | Comments

Bulletin Today | PoliticsWhen 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, …

6 Things to Watch in Congress

Posted on 01/8/2014 by | Washington Watch | Comments

Bulletin Today | PoliticsMembers of Congress are back in Washington with an agenda full of items important to older Americans. Here’s a rundown: Debt ceiling and federal budget. Two deadlines loom here. The federal government will run out of borrowing authority if Congress doesn’t raise the debt ceiling by Feb. 7. Although Capitol Hill lawmakers negotiated a budget deal in December that set overall spending, they must pass a bill with more specifics by Jan. 15. Each time budget deadlines hit, some lawmakers …