Why more older workers are finding themselves unemployed as retirement approaches

submitted by saltalberta on 02/20/20 1

Many Americans plan to do the bulk of their retirement saving in their 50s. But what happens if you lose your job at that age instead? According to researchers, the situation is common, and laid-off 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 to support his family. Stream your PBS favorites with the PBS app: to.pbs.org/2Jb8twG Find more from PBS NewsHour at www.pbs.org/newshour Subscribe to our YouTube channel: bit.ly/2HfsCD6 Follow us: Facebook: www.pbs.org/newshour Twitter: www.twitter.com/newshour Instagram: www.instagram.com/newshour Snapchat: @pbsnews Subscribe: PBS NewsHour podcasts: www.pbs.org/newshour/podcasts Newsletters: www.pbs.org/newshour/subscribe

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