The economic downturn is hitting middle-aged and older American workers hard, forcing more than one in four to postpone retirement, according to a survey released Tuesday by the AARP. Twenty-seven percent of workers aged 45 and older said they had put their retirement plans on hold because of the slowing economy, AARP reported. “The current [...]
Forced retirement on hold
July 6th, 2008 · 3 Comments
Tags: Finance · Money · News · North America
Economic Misery More Widespread
July 5th, 2008 · Comments Off
Americans are feeling a lot more economic pain than the government’s official statistics would lead you to believe, according to a growing number of experts. They argue that figures for unemployment and inflation are being understated by the government. Unemployment and inflation are typically added together to come up with a so-called “Misery Index.” The [...]
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