In the News
Over 50, working against time in America's harsh job market | StarTribune
4 February 2014—Sloan Center research economist was mentioned by Adam Belz, StarTribune.
Older workers face a tough hunt for new jobs in a slow-moving recovery, and the clock is ticking....
“If the economy were roaring ahead, it would be an easier sell,” said Kevin Cahill, an economist at the Sloan Center on Aging and Work at Boston College.
For decades, older workers commonly moved into what Cahill calls “bridge jobs” between their careers and retirement. But today, those jobs are less desirable, so more older workers are ending up in “bridge jobs” they didn’t want.
“The difference, now, post-2008, is that a lot of these transitions are involuntary,” Cahill said. “It’s a huge shift, and it’s the impact of the Great Recession.”