All Commentary
Monday, September 20, 2010

Unemployment Hurting Boomers

“Of the 14.9 million unemployed, more than 2.2 million are 55 or older. Nearly half of them have been unemployed six months or longer, according to the Labor Department. The unemployment rate in the group — 7.3 percent — is at a record, more than double what it was at the beginning of the latest recession.” (New York Times, Monday)

(with sarcasm) I’m sure employer-based health care has nothing to do with it.

FEE Timely Classic:
Will Retirement Become a Personal Responsibility” by Lawrence W. Reed