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First Person: Financial Setbacks for My ‘Sandwich Generation’ | Yahoo Finance

by Laura Quinn, from finance.yahoo.com

Dealing with unemployment

I think youngest of the Baby Boomers and oldest of the Generation X have the toughest situation. Some of them have children who are in college or high school who can't find jobs and are amassing a lot of student loan debt. Meanwhile, workers over 50 have a hard time finding jobs after being laid off. According to the Sloan Center on Aging and Work at Boston College, workers over 50 without jobs are called the "new unemployable." One of my neighbors lost his job in his early 50s. Fortunately, his wife has a good job because they have three children in college. Several years ago, they had their widowed mother living with them, but she has since remarried.

Read the full article at finance.yahoo.com