The Takeaway: Forced To Take Early Social Security

In May, the Urban Institute reported that the number of eligible Americans taking early Social Security benefits <a href="">had hit a 35-year low</a>. But the recession and protracted high unemployment have left some older adults"”such as 62-year-old Clare Keany"”forced to take benefits earlier than planned.

The Long-Term Unemployed: Who’s Been Hurt More?

Stubbornly high unemployment has thrown workers of all ages into a tizzy. But the question of which age group has suffered most is something the experts can’t agree on. A recent Government Accountability Office report found that many older unemployed workers “face long-term unemployment and reduced retirement security.” It called on Labor Department officials to look at new strategies to help older workers find jobs. Public policy experts the GAO interviewed suggested these and other steps: – Give employers temporary wage …