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
Mar 4, 2015
Hillary Rodham Clinton speaks during a keynote address at the Watermark Silicon Valley Conference for Women, Tuesday, Feb. 24, 2015, in Santa Clara, Calif.  (AP)

Hillary Clinton’s week of bad headlines: about her emails and foreign money going to the Clinton Foundation. We’ll dig in.

Mar 4, 2015
This photo taken July 31, 2012 shows a "tiny" house April Anson built in Portland, Ore. For the past couple of months, 33-year-old Anson and her friends have been planning, measuring, sawing and hammering their way toward completion of what might look like a child’s playhouse. (AP)

Tiny houses, micro-apartments. They’re hot. Americans are downsizing.

RECENT
SHOWS
Mar 3, 2015
This July 21, 2014 photo shows strawberry banana chia breakfast smoothie in Concord, N.H. Breakfast habits in America are changing, leading to dramatic shifts in business strategy. (AP)

Food guidelines are changing. So is what we eat for breakfast. Cereal? Out of favor. Eggs? Maybe OK. And all kinds of new menus. We’ll look at Americans and breakfast.

 
Mar 3, 2015
A group of community activists in San Francisco, CA celebrate that city's February 2014 embrace of the Fair Chance Campaign's efforts to alter background checks on employment and housing for convicted criminals. (Courtesy All of Us Or None)

Is it time to stop asking job applicants if they’ve been convicted of a crime? We’ll look at employment and unemployment after prison.

On Point Blog
On Point Blog
Answers To Your Questions On Black Holes
Tuesday, Mar 3, 2015

Yale University’s Priyamvada Natarajan answers your black hole questions in full. (Well, most of them.)

More »
Comment
 
Want To Listen To Lead Belly? Here’s Where To Start
Monday, Mar 2, 2015

Loved our show on Lead Belly, but unsure on where you should start to listen? Jeff Place of the Smithsonian Center for Folklife and Cultural Heritage offers his best picks for a beginning Lead Belly listener.

More »
Comment
 
Our Week In The Web: February 27, 2015
Friday, Feb 27, 2015

We won’t lead you into a debate on the color of #TheDress (it’s blue and black, end of debate), but we do wonder about the blurring lines between so-called Internet culture and general popular culture. Also, it’s snowing in Boston. Still.

More »
Comment