A Well-Intentioned Law May Keep Older Americans Unemployed

January 11, 2010

Many older Americans who have seen their savings hit hard during the past year are now postponing their retirement plans. A recent study revealed that 44 percent of workers aged 50 and over intend to extend their working years as a result of the recession. If they can, that is. Older employees, in general, have fared better in recent layoffs than their younger counterparts. In October, only 6.8 percent of …

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