She seemed like an upstanding citizen: Trusted banker. Loyal friend. Coordinator of an American Cancer Society charity event. President of a merchant group in Montclair, a tony section of Oakland, Calif. But authorities alleged that Linda Sue Foss bilked at least seven mostly elderly clients out of nearly $1.4... Read More »
Despite a slight drop in the unemployment rate among older workers last month, many are finding that it still takes a long time to find work after being laid off. The length of joblessness among workers 55 and older rose to 52.7 weeks in August, much higher than the 36.1 weeks for younger workers, the Labor... Read More »
The markets have been rallying since October. That sounds like good news for baby boomers approaching retirement age.
But here's a different question: why are we so into the idea of retirement in the first place? Read More »
Baby boomers, those born between 1946 and 1964, are nearing retirement age. The U.S. Census Bureau estimates that there are 78.2 million boomers, and that every hour, 330 of them turn 60. That means an entire generation of workers might leave the work force in the coming years.
But they might not. Read More »
By Anne Fisher, CNNMoney
Dear Annie: I'm a week away from my 54th birthday and, man, am I getting discouraged. After being laid off from a fairly senior job in May, I've spent the past few months networking nonstop, and managed to get three interviews. One interviewer never got back to me at all, and the other... Read More »
Joe Turner, the Job Search Guy
"I was fully qualified and it makes no sense."
"They simply don't know how to hire."
"They told me that I was overqualified."
Randy Block, a seasoned career transition coach and consultant in the Bay area, hears these comments often.
If you're an "older" job hunter, more than... Read More »