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To: reaganaut1

When the economy does a down-turn, older workers are the first to be released at many companies. The reason — their salaries are higher, so the companies save more by getting rid of them.

Older workers tend to be the lesser desirables when companies are hiring. Companies like younger workers because they can usually get them at lower salaries.

==

For many recently unemployed older workers, SS may be one of the few viable options, after their unemployment benefits run out.


12 posted on 05/25/2009 7:39:45 AM PDT by TomGuy
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To: TomGuy

Another group to look at are those folks who retired early thinking they had plenty of money. Now they don’t and they are claiming SS as soon as they can instead of going back to work.


18 posted on 05/25/2009 7:46:59 AM PDT by MediaMole
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To: TomGuy
For many recently unemployed older workers, SS may be one of the few viable options, after their unemployment benefits run out

The real explanation, in a nutshell.

102 posted on 05/25/2009 5:30:10 PM PDT by hinckley buzzard
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