Monday, August 31, 2009

A recent AARP poll showed that 16% of 45-54-year-olds and 16% of 55-64-year-olds reported they've lost a job in the last year. 24% of those interviewed among 45-54 years olds and 25% of those between 55-64 year olds have reduced work hourd.17 % of 45-54 year olds and 12%of 55-64 year olds had worked without pays and of those who did keep their jobs, 14-19% took a pay cut. Also, 27% of 45-54 years olds looked for a new job and 22% of them thought that there is a possibility of them being layed off. Similarly, those polled also reported high levels of increased work hours in the past 12 months and some of them reported that they had to take on a second job. Lastly, 12% of those polled reported that that returned to work after retiring in the past year.
This poll conducted by AARP clearly suggests that a good number of older workers are either suffering from the current labor market situation or are aware of its potential threats. The article didnot provide how the sample was selected or how the questions were framed.

No comments:

Post a Comment