Tuesdays and Thursdays during the 2010 WordCount Blogathon, I’m running posts I originally wrote for SecondAct.com, an online magazine for people over 40 launched in April by Entrepreneur Media, publisher of Entrepreneur Magazine, Entrepreneur.com, WomenEntrepreneur.com and EntrepreneurEnEspanol.com.
According to the Labor Department, the U.S. economy added 290,000 jobs during April, bringing to nearly 500,000 the number of jobs created since the beginning of 2010–yet another sign a recovery is underway.
Better yet, new jobs came in a variety of U.S. industries – manufacturing, health care, leisure and hospitality to name just a few – and in government, thanks to Uncle Sam hiring temporary workers to help with the 2010 Census.
The recent jobs report from the U.S. Labor Department brought news that unemployment rates for older workers remain lower than for other age groups.
But the news wasn’t all good. Once older workers, especially boomers over 55, lose a job, it takes them longer to find a new one than any other age group.
Despite a brighter overall picture, people ages 45 to 54 continue to be caught in a “perfect storm” of lower-than-expected earnings and retirement savings at the same time family demands and expenses, are rising.
Read the rest of this post at SecondAct.com: Job picture mixed for older workers.