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
Jul 31, 2015
Former University of Cincinnati police officer Ray Tensing, second from left, appears before Judge Megan Shanahan at Hamilton County Courthouse for his arraignment in the shooting death of motorist Samuel DuBose, Thursday, July 30, 2015, in Cincinnati. Tensing pleaded not guilty to charges of murder and involuntary manslaughter. (AP)

A new police murder charge and a black man dead in Ohio. Iran Deal heat and Huckabee. Malaysia Air. Our weekly news roundtable goes behind the headlines.

Jul 31, 2015
In this undated photo provided by the Wildlife Conservation Research Unit, Cecil the lion rests in Hwange National Park, in Hwange, Zimbabwe. Two Zimbabweans arrested for illegally hunting a lion appeared in court Wednesday, July 29, 2015. (AP)

Canned lion hunts and the fate of big game in Africa, after the outrage over Cecil.

RECENT
SHOWS
Jul 31, 2015
In this undated photo provided by the Wildlife Conservation Research Unit, Cecil the lion rests in Hwange National Park, in Hwange, Zimbabwe. Two Zimbabweans arrested for illegally hunting a lion appeared in court Wednesday, July 29, 2015. (AP)

Canned lion hunts and the fate of big game in Africa, after the outrage over Cecil.

 
Jul 31, 2015
Former University of Cincinnati police officer Ray Tensing, second from left, appears before Judge Megan Shanahan at Hamilton County Courthouse for his arraignment in the shooting death of motorist Samuel DuBose, Thursday, July 30, 2015, in Cincinnati. Tensing pleaded not guilty to charges of murder and involuntary manslaughter. (AP)

A new police murder charge and a black man dead in Ohio. Iran Deal heat and Huckabee. Malaysia Air. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
Our Week In The Web: July 31, 2015
Friday, Jul 31, 2015

A regular reminder that RTs are not endorsements, links have specific authorship and patience is a virtue.

More »
1 Comment
 
Q & A: Scott Walker On The Iran Deal, Huckabee Comments
Monday, Jul 27, 2015

Wisconsin Gov. Scott Walker explains his opposition to the Iran Deal, his record of statewide electoral victory and why he feels he’s set to win the 2016 Republican Presidential nomination.

More »
Comment
 
Q & A: Carly Fiorina On Trump, Sexism, And Being Cut From The GOP Debate
Monday, Jul 27, 2015

Republican Presidential Candidate Carly Fiorina, the former CEO of computer giant Hewlett-Packard, joined guest host John Harwood to talk Donald Trump, the upcoming Republican candidate debate and sexism in modern life.

More »
Comment