90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Tough Times For Older Workers

Tough times for older workers. Many can’t retire or find a job. We’ll look at boomers and more in the bust.

In this Jan. 18, 2011 file photo, John Pham, right, a program officer with Reserve Inc., reviews the resume of Bob Drake, 63, at an AARP Career event aimed at helping older workers improve their job search, in New York. (AP)

In this Jan. 18, 2011 file photo, John Pham, right, a program officer with Reserve Inc., reviews the resume of Bob Drake, 63, at an AARP Career event aimed at helping older workers improve their job search, in New York. (AP)

Our economic bad times have been bad for lots of people.  For the young, trying to get started.  For families, trying to pay the rent.  And for older Americans.

For boomers and above there have been some particularly trying dynamics here.  Just when they’re trying to batten down their finances for old age, their finances have widely been blown up.

Jobs lost.  Homes lost.  Savings ransacked.  Retirement dreams made laughable.  And when it comes time to find a job instead of goin’ fishin’, they may be bagging groceries.

This hour, On Point:  tough times for older workers.

-Tom Ashbrook

Guests

Carl Van Horn, professor of public policy and director of the Center for Workforce Development at Rutgers University. Author of “Working Scared (Or Not At All): The Lost Decade, Great Recession, and Restoring the Shattered American Dream.”

Marci Alboher, vice president of Encore.org, a non-profit group that promotes finding new careers after middle age. Author of “The Encore Career Handbook: How to Make a Living and a Difference in the Second Half of Life.” (@heymarci)

From Tom’s Reading List

Florida Today “Steven Smith started searching for a job as soon as he lost his administrative role with a Space Coast nonprofit agency in June 2012. He keeps track of the numbers. Applications: 270. Interviews: 10. Job offers: zero, though two prospects look promising. And like many older job-seekers, sometimes, Smith worries about his age: 58. Yet, eight months into his quest for work, the Indian Harbour Beach resident plugs away.”

The Wall Street Journal “Whether it’s for personal satisfaction or financial need, many retirees and future retirees want to work in retirement. In a poll of over 3,000 business professionals conducted by RetiredBrains.com in 2010, more than 86% said they plan to continue working once they are retired.”

USA Today “There are a number of reasons why Americans workers may decide to put off retirement. Some may just love their jobs; others may need more money. But even those who have socked away plenty of cash are often terrified about rising medical bills and want to keep earning, Hannon says.”

 Excerpt From “The Encore Career Handbook”

Excerpt From “Working Scared (Or Not at All)”

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Sep 22, 2014
President Barack Obama gestures during a statement in the State Dining Room of the White House, on Thursday, Sept. 18, 2014, in Washington. Obama spoke after Congress voted to arm and train moderate Syrian rebels in the fight against the Islamic State group. (AP/Evan Vucci)

A tough, critical examination of US plans to take on ISIS. Strategy in the hot seat.

Sep 22, 2014
Demonstrators make their way down Sixth Avenue in New York during the People's Climate March Sunday, Sept. 21, 2014. (AP/Jason DeCrow)

Big climate protests in New York before a big UN summit. Activist and author Naomi Klein says change the economy or die. She’s with us.

RECENT
SHOWS
Sep 19, 2014
Joseph O'Neill (courtesy of the author)

Author of “Netherland,” novelist Joseph O’Neill is back, with “The Dog,” on globalization, capitalism, and self-discovery in Dubai.

 
Sep 19, 2014
No campaigners celebrate as results come in at the Scottish independence referendum count at the Royal Highland Centre in Edinburgh,Scotland,Friday, Sept. 19, 2014. Scottish voters have rejected independence and decided that Scotland will remain part of the United Kingdom. The result announced early Friday was the one favored by Britain's political leaders, who had campaigned hard in recent weeks to convince Scottish voters to stay. It dashed many Scots' hopes of breaking free and building their own nation. (AP Photo/David Cheskin)

ISIS and arming Syrian fighters. Scotland rejects independence. NFL turmoil. US troops and Ebola. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
Our Week In The Web: September 19, 2014
Friday, Sep 19, 2014

Lots of big, contentious topics on the show this week — from Zionism to early education, corporal punishment to development in the Grand Canyon.

More »
Comment
 
Talking Through The Issue Of Corporal Punishment For Kids
Wednesday, Sep 17, 2014

On Point dove into the debate over corporal punishment on Wednesday — as Minnesota Vikings running back Adrian Peterson faces charges in Texas after he allegedly hit his four-year-old son with a switch.

More »
2 Comments
 
Our Week In The Web: September 12, 2014
Friday, Sep 12, 2014

In which you had varied reactions to the prospect of a robotic spouse.

More »
Comment