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For the Unemployed Over 50, Fears of Never Working Again
The New York Times ^ | 09/19/10 | Motoko Rich

Posted on 09/20/2010 8:55:39 AM PDT by Pining_4_TX

Patricia Reid is not in her 70s, an age when many Americans continue to work. She is not even in her 60s. She is just 57.

But four years after losing her job she cannot, in her darkest moments, escape a nagging thought: she may never work again.

College educated, with a degree in business administration, she is experienced, having worked for two decades as an internal auditor and analyst at Boeing before losing that job.

But that does not seem to matter, not for her and not for a growing number of people in their 50s and 60s who desperately want or need to work to pay for retirement and who are starting to worry that they may be discarded from the work force — forever.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: boomers; business; insurance; jobs; obamacare; obamanomics; unemployed
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This is so incredibly sad, and do you think this might be related to health insurance? You bet it is. Now with Obamacare mandates causing drastic increases in the cost of insurance and health care, companies will be even more likely to get rid of their older employees and shy away from hiring anyone over 50.

Government policies are destoying people's lives, but our elected officials don't give a rat's whisker. They have almost guaranteed lifetime employment with generous benefits.

What a bunch of immoral tools.

"These men (government officials), in point of fact, are seldom if ever moved by anything rationally describable as public spirit; there is actually no more public spirit among them than among so many burglars or street-walkers." ~ H.L. Mencken

1 posted on 09/20/2010 8:55:51 AM PDT by Pining_4_TX
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To: Pining_4_TX
idiot headline of the century alert.

Sure, people over fifty, so feeble and decrepit, are just going to slouch in thier hovels and count the moments until they die, 20,30,40,50 years later.

Does the times fire everyone who's past puberty?

2 posted on 09/20/2010 8:58:19 AM PDT by the invisib1e hand
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To: Pining_4_TX

A good reason to be self employed if you can find a profession in which to practice. You may not get as many clients as you want, but you will not be unemployed.


3 posted on 09/20/2010 8:58:45 AM PDT by henkster (A broken government does not merit full faith and credit.)
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To: Pining_4_TX

oh, let’s not forget the “marginalizing the mature” alert.


4 posted on 09/20/2010 8:59:20 AM PDT by the invisib1e hand
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To: Pining_4_TX

I’m 57. If it weren’t for the fact that I’ve got my own small business, I’d be out in the cold without a prayer. Things are very tough for us right now, but somehow, we’re managing.

Had I not taken the risk to start my own business in my mid-forties, I’d be at even greater risk now.


5 posted on 09/20/2010 8:59:50 AM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: henkster
A good reason to be self employed if you can find a profession in which to practice. You may not get as many clients as you want, but you will not be unemployed.

Exactly. It's as if the only accepted form of "employment" is with a corporation. That's more like servitude. On the other hand, they oughtn't b*tch, as I know some corporate people who get 6 weeks of paid vaca a year. It seemed they were out more than they were in.

I haven't had 6 weeks vacation in my life, paid or otherwise.

6 posted on 09/20/2010 9:01:41 AM PDT by the invisib1e hand
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To: Pining_4_TX

That’s where I am, sort of. Majorly underemployed and feeling trapped. Not sure where to go.


7 posted on 09/20/2010 9:02:26 AM PDT by madison10
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To: Pining_4_TX

ObamaCare is going down.I forsee that if it doesn’t, blood will run in the streets. I won’t say whose blood, but I suggest that the ones who authored this abomination will not get away unscathed.

Older Americans will not just sit there and allow themselves to be attritted by lack of opportunities to work.


8 posted on 09/20/2010 9:02:26 AM PDT by rahbert
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To: Pining_4_TX

Well, thank you, New York Times, for this said story, which is now all too common.

Do you understand that you, and the rest of the left-wing media, are largely responsible for this miserable economic decline? This is what you at the New York Times have been working for, since the days when you were busy sticking up for Uncle Joe Stalin, and Fidel Castro, and Mass Murderer Chairman Mao, and all those union bosses and Democrat politicians who have brought us to this state.

How’s that Hopey Changey?


9 posted on 09/20/2010 9:02:35 AM PDT by Cicero (Marcus Tullius.)
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To: Pining_4_TX

I’m 50 and a disabled veteran and just went back to work as a recruiter for a mortgage bank. We hire people 18-70+ who call potential borrowers from a home office and facilitate loans. Is it rough in this economy? Sure, but what isn’t? Is it hard to learn to do this? No harder than most jobs, and it has the potential to pay better than many. No job is for everybody, but people over 50, the long-term unemployed, the disabled and stay-at-home parents might want to look at positions like this.


10 posted on 09/20/2010 9:02:41 AM PDT by 2ndDivisionVet (I don't need a newspaper to know the world's been shaved by a drunken barber.)
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To: Pining_4_TX

If you’re over 50 in today’s America, and lose your job/career....

For the most part, you’re screwed.....Done....


11 posted on 09/20/2010 9:02:52 AM PDT by dragnet2
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To: henkster

“A good reason to be self employed if you can find a profession in which to practice. You may not get as many clients as you want, but you will not be unemployed.”

Right - and when no customers come, or the customers don’t have anymore money to spend, you will be unable to ever COLLECT UNEMPLOYMENT since you were self-employed.

That’s the plight of many and my family.


12 posted on 09/20/2010 9:03:48 AM PDT by George from New England (Escaped CT in 2006, now living north of Tampa)
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To: Pining_4_TX

Take a look at what jobs are going to be hot in 10 years and retrain is one option. The second option is to start your own business. And so on .....


13 posted on 09/20/2010 9:04:56 AM PDT by Citizen Tom Paine (An old sailor sends)
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To: Pining_4_TX
"Government policies are destoying people's lives, but our elected officials don't give a rat's whisker."

You better believe it --> PACT Act, effective July 1, 2010, put hundreds of Internet cigarette venders and their staffs out of work.

Repercussions from this: postal workers are now sitting on their butts while still getting paid.

Latest ... New York State just told the Indian business owners that they MUST collect the $4.35 per pack tax from ALL non-Indians. Same thing happened in Rhode Island.

14 posted on 09/20/2010 9:05:03 AM PDT by xtinct (The will of God will never take you where the Grace of God will not protect you..Be Strong Patriots!)
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To: Pining_4_TX
"Government policies are destoying people's lives, but our elected officials don't give a rat's whisker."

You better believe it --> PACT Act, effective July 1, 2010, put hundreds of Internet cigarette venders and their staffs out of work.

Repercussions from this: postal workers are now sitting on their butts while still getting paid.

Latest ... New York State just told the Indian business owners that they MUST collect the $4.35 per pack tax from ALL non-Indians. Same thing happened in Rhode Island.

15 posted on 09/20/2010 9:05:16 AM PDT by xtinct (The will of God will never take you where the Grace of God will not protect you..Be Strong Patriots!)
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To: Pining_4_TX

I can relate. I am also 57 and was laid off from Wells Fargo Auto Finance along with the whole division in Dec 2008. I have applied for 100’s of jobs, interview for many. No one is interested. I was at the very top of my profession. Does not matter. No one cares. I am not requesting pity I am just saying I understand. Never in my wildest imagination could I see myself in this position. 22 months and NO prospects.


16 posted on 09/20/2010 9:06:58 AM PDT by carjic (Laid off since Dec 08...HELP!)
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To: the invisib1e hand

Did you read the article? These people want to work but cannot get hired. There is a definite bias against anyone with gray hair, and government policies have a lot to do with that. In fact, I blame government policies for all of it.

Perhaps many will start their own businesses. I hope they can, even though times are tough for embarking on any venture. However, the high cost of health care and insurance make it difficult for older workers to go it alone. Once again, government interference in the market hurts the very people it purports to help.


17 posted on 09/20/2010 9:06:59 AM PDT by Pining_4_TX
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To: the invisib1e hand
“Sure, people over fifty, so feeble and decrepit, are just going to slouch in thier hovels and count the moments until they die, 20,30,40,50 years later.”

It doesn't much matter if they slouch in their hovels, or run 20 miles every evening after searching for work all day.

With the way Insurance is today, no employer will hire them.

18 posted on 09/20/2010 9:08:35 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Pining_4_TX
And when ya turn 50 and your company dumps you like a bad habit, sending your job into Mexico or Red China, ya better think fast and make no mistakes, because they'll be line up at your door ready to confiscate your home, car, and used furniture.

The American dream is just that for most today....

The young people? They don't have a chance in this meat grinder. They'll spend their days wondering if they'll eat or have a roof over their head each month.

19 posted on 09/20/2010 9:09:49 AM PDT by dragnet2
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To: Pining_4_TX

That would explain Lisa Murkwoski.


20 posted on 09/20/2010 9:11:28 AM PDT by Question Liberal Authority (Worst. Post-Racial President. EVER.)
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To: the invisib1e hand; henkster; Windflier

What do you do about health insurance?

I know that there are several doctors who no longer accept health insurance which enables them to keep their costs and prices down. Do you use something like this?

Of course, if this catches on, the government will find a way to shut it down. They are hell bent on forcing socialized medicine on the US.


21 posted on 09/20/2010 9:11:37 AM PDT by Pining_4_TX
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To: Pining_4_TX

You mean, these 50somethings can’t even find employment at Walmart? I call bs.


22 posted on 09/20/2010 9:11:41 AM PDT by Amerikan_Samurai
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To: madison10

“Majorly underemployed”

Right there!

When I work (master electrician, age 50) I’m actually making more per hour than I ever have, but who can survive working 2-16 hours per week with periods of no work at all?

Right now moving in the direction of self-employment.


23 posted on 09/20/2010 9:14:34 AM PDT by Sparky1776
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To: Amerikan_Samurai

Maybe they can and maybe they can’t. Most companies will not hire someone for a job if they are overqualified, because they figure that person won’t stay long.

Also, if you have a mortgage or rent, kids in college, a car payment, and/or other obligations, you can’t just make it on half of what you were making at your old job.

There is still the problem of health insurance. Walmart often hires people for part-time so they don’t have to pay benefits. I don’t blame them, because the government has created this problem, but it doesn’t help people who need medical care.


24 posted on 09/20/2010 9:16:04 AM PDT by Pining_4_TX
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To: Windflier

I’m 56 and was just laid off. I’d be in a pickle if it weren’t for the fact that I’m an adjunct on the side. But it pays much less than what I need to make. This concerns me. However, there have also been articles that some companies prefer older employees because they are less self-centered than younger employees. We’ll see.


25 posted on 09/20/2010 9:16:26 AM PDT by twigs
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To: Amerikan_Samurai

There are only so many jobs at WalMart. Are we completely lacking in any sort of compassion? We have a problem - not enough positions are being created to absorb the unemployed. Everything else is commentary.


26 posted on 09/20/2010 9:16:34 AM PDT by garbanzo (Government is not the solution to our problems. Government is the problem.)
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To: Pining_4_TX

This is news ?

Just how out of touch are they to only cover this now ?


27 posted on 09/20/2010 9:17:46 AM PDT by 1066AD
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To: Amerikan_Samurai

“You mean, these 50somethings can’t even find employment at Walmart? I call bs.”

How many Walmarts are there...How many people over 50?

You flunked math?


28 posted on 09/20/2010 9:17:46 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Amerikan_Samurai
You mean, these 50somethings can’t even find employment at Walmart? I call bs.

lol.....Yeah, millions that lost their $70,000 a year careers, that took them 5 years of schooling to secure, and they'll all go work at Walmart for 7 bucks an hour...Hopefully they'll all stay healthy to to the day they drop dead in the households isle.

Of course they'll need to give up everything they own, and will likely be in major debt till they drop dead....

29 posted on 09/20/2010 9:18:07 AM PDT by dragnet2
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To: Amerikan_Samurai

My family and friends have been urging me for years to market my spaghetti sauce. Didn’t know what steps to take so my first was a call to the “county” only to learn that in order to market my own stuff, it would have to be prepared in a “second kitchen” from my own (which I don’t have) and I since don’t have the funds to rent a kitchen off-sight, it’s still a (pipe)dream for me. Fortunately, I do have a job right now (I’m 59) and although I absolutely HATE it, that little voice reminds me that at least I have a job.


30 posted on 09/20/2010 9:21:10 AM PDT by GYPSY286 (Politicians must USE their heads or Americans will LOSE their heads.)
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To: dragnet2

We’re self-employed and would like to move, but with the ups and downs of our income over the past 18 months, I’m not sure we could get another home loan, maybe ever. That’s a scary thought.


31 posted on 09/20/2010 9:22:02 AM PDT by ChocChipCookie (TheSurvivalMom.com)
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To: Beagle8U; Amerikan_Samurai
How many Walmarts are there...How many people over 50?

Ya mean each Walmart isn't going to hire 85,000 people over 50?

32 posted on 09/20/2010 9:22:06 AM PDT by dragnet2
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To: ChocChipCookie
That's the whole deal with self employed....There is no steady income for the most part...it's not secure and ya never know what your going to make 2 or 3 months down the road....No unemployment, and many self employed can't even afford basic heath care for their family.

Welcome to the new America where the private sector is beat like a drum, on a daily basis.

33 posted on 09/20/2010 9:26:05 AM PDT by dragnet2
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To: dragnet2
I'm sure the walmart in Noob’s town will, but most towns don't have a walmart the size of an average NE state's total landmass!
34 posted on 09/20/2010 9:27:29 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Pining_4_TX
I am not in this person's position yet. I am 56, employed by a company that has done 4 mergers of one sort or another over the past 5 years. We have another merger coming up.

Although I've survived with this company for 33 1/2 years so far, I get the feeling it's only a matter of time until I'm out the door. At that point, I don't have a clue what I'll do. There are laws against age discrimination, but no one follows them, and no one enforces them.

I've thought of starting my own business. I don't have capital to invest in starting a business unless I empty my retirement accounts - and I won't do that. That means that, at the age of 56 (or 57 or whenever I get laid off), I'd be trying to get a loan for a risky enterprise.

Makes me tired just thinking about it.

Maybe I'll just "retire" and supplement my income with a job as a WalMart greeter or something.

35 posted on 09/20/2010 9:29:31 AM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: Pining_4_TX

I am not worried ... I refuse to buy Obama Care and I will not pay the fine either so everything I own will be confiscated by the Gooberment anyway.
It’s a good thing I can Scuba dive... so I can retrieve all of my firearms that I lost in that horrible boating accident (so that I can live off the land).

TT


36 posted on 09/20/2010 9:31:39 AM PDT by TexasTransplant (I don't mind liberals... I hate liars...there just tends to be a high degree of overlap)
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To: Beagle8U
That's what we need....10 square mile Super-Duper Walmarts that will each employ tens of thousands over the age of 50!

That way all the millions of government employees can continue to enjoy their lottery style tax paid government retirement pensions.

37 posted on 09/20/2010 9:31:56 AM PDT by dragnet2
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To: Sparky1776
I’m actually making more per hour than I ever have, but who can survive working 2-16 hours per week with periods of no work at all?

Charge less per hour and get more work. I'm not going to pay an electrician $100 an hour for relativly easy work. A little Ohm's Law and a cheap meter or probe gets a lot done around my ranch.

38 posted on 09/20/2010 9:32:41 AM PDT by 386wt
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To: Pining_4_TX

57 and have a practice...and this ain’t no guarantee too. Competition and my health are giving me problems. I can’t sell my practice like I had wished so that option for retirement is fading with the economy.


39 posted on 09/20/2010 9:33:49 AM PDT by vetvetdoug
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To: henkster

[You may not get as many clients as you want, but you will not be unemployed.]

Exactly. I’m over 50 and severely over self-employed (80 hrs+ per week) but also under paid. No worry about not having a job.


40 posted on 09/20/2010 9:37:17 AM PDT by DaxtonBrown (HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
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To: dragnet2
The only ray of sunshine I can see in Noob’s employment plan...All those liberal cities that refuse to allow any walmart stores are, once again, totally screwed!
41 posted on 09/20/2010 9:39:04 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Pining_4_TX

We have an HSA. For God’s sake, health care is a cost of living, just like your mortgage or your car. You don’t take your car in for an oil change and expect to turn in the bill to your auto insurance. Some people take better care of their cars than they do of themselves, in part because they have to pay for their car while “insurance” pays for the health care.

Take care of your health; diet, exercise and rest. And if you have to go to the doctor, pay up.


42 posted on 09/20/2010 9:40:33 AM PDT by henkster (A broken government does not merit full faith and credit.)
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To: garbanzo

I don’t mean to sound insensitive, its hard for everyone who’s unemployed right now.

Maybe the only thing that will get the government’s attention is armed revolt.


43 posted on 09/20/2010 9:42:35 AM PDT by Amerikan_Samurai
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To: Beagle8U
It don't matter if there is a Super Duper Walmart on every corner...All that will do is drive the American wage and standard of living over the cliff faster...

Pretty sad when were hoping for minimum wage department store jobs for 50 year olds, so they can work in stores that push Communist Chinese goods...

Boy, this government has all but destroyed this country....But good.

44 posted on 09/20/2010 9:45:02 AM PDT by dragnet2
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To: Amerikan_Samurai
Here is a solution.


45 posted on 09/20/2010 9:46:55 AM PDT by WaterBoard
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To: Pining_4_TX

” and do you think this might be related to health insurance”

Maybe. But there’s also the perception (fact?) that older workers cost more in terms of wages.


46 posted on 09/20/2010 9:49:19 AM PDT by Pessimist
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To: MEGoody
I've thought of starting my own business. I don't have capital to invest in starting a business unless I empty my retirement accounts - and I won't do that. That means that, at the age of 56 (or 57 or whenever I get laid off), I'd be trying to get a loan for a risky enterprise.

Start the business RIGHT NOW on the side, and have it growing by Axe Time. ("Castle Early in the Game.") I did that before Going Away at 62- Department closing.

Self-financed, no long term debt. It has ups and downs, but I'm doing OK. Working for a real @sshole, though-as always, long hours, and crummy benefits.

My wife told me she had never seen me this happy. Tired, look like crap, but smiling every time I look at the traffic report at commute time.

47 posted on 09/20/2010 9:54:23 AM PDT by Gorzaloon (CNN:AP:etc:Today, President Obama's stool was firm and well-formed. One end was slightly pointed. ")
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To: Amerikan_Samurai

“You mean, these 50somethings can’t even find employment at Walmart? I call bs.”

I think it would be pretty near impossible for a lot of people to make a living (rais a family, etc) on near minimum wages.

Besides, I think it’s basically an urban legend that you can always fall back on Wall-Mart, Mickey D’s, etc.

You have retail of fast food experience? Think there isn’t someone else out there with it (and who won’t automatically jump at any other opportunity to leave)?

For most people, those jobs are only safety nets in their mind.


48 posted on 09/20/2010 9:56:22 AM PDT by Pessimist
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To: dragnet2
The only way to fix things is to scrap most of the laws on health insurance.

It should cover hospital stays, emergency care, and not much else. No RX,abortions, physicals,shrinks,office visits, massages,etc etc.

There should be no 100% coverage of anything! Medical costs will go down when those using the most, pay the most.

49 posted on 09/20/2010 9:57:00 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: carjic

This may not help anyone on here but around here many business executives serve on the boards of charities. If you have time and you can volunteer for one of those charities you will have a contact who may know someone who can help you find a job. Just a suggestion.


50 posted on 09/20/2010 10:02:00 AM PDT by kcvl
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