Recession pulls U.S. senior citizens back to work: survey
September 24th, 2009
No comments
The worst US economic recession in 70 years is forcing senior citizens out of retirement, leaving them fighting for jobs in a weak labor market or risking homelessness, according to a private study.
The study by Experience Works, released on Tuesday, showed 46 percent of the 2,000 low income people over 55 years who participated needed to find work to keep their homes. Nearly half of them had been searching for work for more than a year.