Tag: unemployment

50 Is the New 65: Older Americans Are Getting Booted from Their Jobs—and Denied New Opportunities

In the end, we want an economy that allows everyone to work who is able to do so, and provides a robust social safety net for those who can’t. Our current system is unsustainable, and age discrimination, which strikes even those who are still in their prime, is quickly becoming an economic, social and public health disaster for the 21st century.

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Another Hurdle for the Jobless: Credit Inquiries

“How do you get out from under it?” asked Matthew W. Finkin, a law professor at the University of Illinois, who fears that the unemployed and debt-ridden could form a luckless class. “You can’t re-establish your credit if you can’t get a job, and you can’t get a job if you’ve got bad credit.”

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Suze Orman’s Recession Rescue Plan

As the recession continues to rise in the United States, the reality becomes more sobering. To date, 4.4 million jobs have been lost in this financial crisis—that’s 15 jobs a minute. Personal bankruptcy filings jumped 31 percent between 2007 and 2008 and are expected to rise another 35 percent in 2009.

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