Unemployed baby boomers are struggling to get by | McClatchy Washington Bureau

×
Sign In
Sign In
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

You have viewed all your free articles this month

Subscribe

Or subscribe with your Google account and let Google manage your subscription.

Economy

Unemployed baby boomers are struggling to get by

Anita Creamer - The Sacramento Bee

July 26, 2011 06:39 AM

Brian Blaschke thought he had positioned himself well to survive the economic downturn. A construction industry veteran, he switched careers in 2007 into construction defect investigation for an insurance company. Fourteen months later, he was laid off anyway.

He hasn't brought home a full-time salary or benefits since November 2008.

"I've picked up bits and pieces of work," said Blaschke, 54, who lives in West Sacramento. "I had a six-month contract with a company. But mostly, I've done handyman services. I put a flier out, and I work a day here and a day there. I make ends meet."

For baby boomers, especially those in their 50s who are too young to qualify for Social Security benefits, today's tough economic reality is at odds with their long-held job expectations. They're supposed to be in the prime of their careers, their peak earning years.

Instead, they're fighting simply to stay employed.

"People are looking for job security, but it's a different game now," said Sacramento workplace expert Carleen MacKay. "And they're scared to death.

"You can't hope for the last train back to the good times."

Urban Institute research shows that the unemployment rate for both men and women in their 50s ticked up last year, with older men lacking college degrees being hardest hit.

People 55 and older who have been laid off take longer than younger people to find new work – 52 weeks, as opposed 35, according to the Bureau of Labor Statistics – and many find they have to cobble together two or three jobs to make a decent income.

What's worse, the recession and the nation's shifting demographics bring a harsh mixed message for baby boomers at midlife: They can't find work today, but they won't be able to retire tomorrow.

There are simply too few jobs today and too many younger workers willing to work for less money, making the job search a nightmare for baby boomers who have endured layoffs.

To read the complete article, visit www.sacbee.com.

Read Next

Video media Created with Sketch.

Policy

Are Muslim-owned accounts being singled out by big banks ?

By Kevin G. Hall and

Rob Wile

December 17, 2018 07:00 AM

Despite outcry several years ago, U.S. banks are back in the spotlight as more Muslim customers say they’ve had accounts frozen and/or closed with no explanation given. Is it discrimination or bank prudence?

KEEP READING

MORE ECONOMY

National

The lights are back on, but after $3.2B will Puerto Rico’s grid survive another storm?

September 20, 2018 07:00 AM

Investigations

Title-pawn shops ‘keep poor people poor.’ Who’s protecting Georgians from debt traps?

September 20, 2018 12:05 PM

Agriculture

Citrus disease could kill California industry if Congress slows research, growers warn

September 11, 2018 03:01 AM

Politics & Government

The GOP’s new attack: Democrats wants to ‘end’ Medicare

September 07, 2018 05:00 AM

Economy

KS congressman: Farmers are ‘such great patriots’ they’ll ride out Trump trade woes

August 30, 2018 02:17 PM

Midterms

Democrats’ fall strategy: Stop talking Trump

August 24, 2018 05:00 AM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service