In the News
Not Retired: Will Older Baby Boomers Find Jobs?—www.businessweek.com
14 March 2012—businessweek.com—Maybe the recession really is over. Yes, the economic mandarins at the National Bureau of Economic Research—the official date-keepers of America’s booms and busts—declared the downturn finished in June 2009. Not many people bought into their judgment considering the unemployment rate was 9.5 percent at the time. The latest figures show that nonfarm payrolls rose in February, with the unemployment rate at 8.3 percent.
Sticking with jobs, downturns quicken the pace of economic change. Case in point: the older worker.