DiscoverPBS NewsHour - SegmentsWhy more older workers are finding themselves unemployed as retirement approaches
Why more older workers are finding themselves unemployed as retirement approaches

Why more older workers are finding themselves unemployed as retirement approaches

Update: 2020-02-20
Share

Description

Many Americans plan to save for retirement in their 50s. But what happens if you're laid off at that age instead? According to researchers, the situation is common, and older workers have a harder time finding a new job -- especially one that pays their previous salary. Economics correspondent Paul Solman talks to 59-year-old Jaye Crist, who works three jobs for 70 percent of his former income.
Comments 
loading
In Channel
loading
Download from Google Play
Download from App Store
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Why more older workers are finding themselves unemployed as retirement approaches

Why more older workers are finding themselves unemployed as retirement approaches

PBS NewsHour