A new Pew Research Center nationwide study found a number of interesting statistics about older workers in the American workforce. Many recent reports hypothesized that workers 65 and older are working more these days due to the difficult economic times. However, this study points in a different direction.
The study reports that 54% of workers 65 years old and older work because they simply want to work. Only 17% say they work just to make money. When asked for reasons why they are still in the workforce, workers 65 and older said that they do so to feel productive (68%), live …read more

Does age matter in the employment market? In a word “Yes”. But it doesn’t have to. I believe that most people in the job market don’t spend enough time investing in a strategy for their job search. As people, we prefer the road of least resistance. We want to find the easiest way to get what we want and need. But that is not going to get you the results you want or need in your job search. It is going to take sweat equity and elbow grease to work through your job search. From finding potential job opportunities, to …read more

According to the Bureau of Labor Statistics, the number of Americans 55 and older who are currently working has increased by nearly 1.5 million in the last two years to more than 26 million in March 2009. Because of the recession, more and more older workers are continuing to work and postponing retirement.
Many others want to find work but haven’t been able to do so. In that same period, the number of older workers (55 and up) who want a job but can’t find employment has more than doubled to 1.8 million.
Many companies, forced to make cutbacks of their own, …read more

We all know it’s a terrible housing market. But did you know that the market is so rough it’s forcing many homeowners to dealy their retirements?