May Unemployment Report for Workers Over 55
This week another GOP presidential hopeful, Jeb Bush, announced his support for raising the retirement age, a policy that would force older workers with inadequate retirement savings to depend on the labor market for needed income and savings. Yet, today's federal jobs report announced a May unemployment rate of 3.7% for older workers over 55 and nearing retirement. This is a decrease of 0.3 percentage points since last month, but it still means that 1.5 million older workers want to work but can't find a job.
Lifelong Wage Gaps Shrink Women’s Social Security Checks
Trends in female employment all add up to a "perfect storm" for women's retirement, says a labor economist. Those trends also raise women's stakes in any election-year discussion of adding or subtracting from Social Security.
Why the Retirement Savings Crisis is also a Women’s Crisis
Here is what we know: The retirement savings crisis is enormous. By some estimates, Americans are under-saved by up to $14 trillion. This number may in fact be understated, because it assumes Social Security and Medicare solvency – a big if.
Fathers, You Can’t Afford a Stay-At-Home Mom
I’ve had this thought in my head for a while now. I’ve been thinking that I can’t afford for my wife to be a Stay-At-Home Mom. Now, I don’t at all mean to offend anyone with this post. I just have to say that for me personally, I can’t afford it. I’d like to explain exactly what I mean by that so that no one thinks I’m in any way devaluing Stay-At-Home Moms. On the contrary, I mean that I quite literally cannot afford my wife to be staying at home. Here’s why...
Invest in Women to Reduce Poverty
Women’s History Month is a time when we celebrate the incredible strides of women and girls in our country. But even as we continue to talk about shattering the glass ceiling and breaking down barriers, far too many women have their dreams of college and a successful life dashed by economic adversity.
Letter Supporting the Paycheck Fairness Act
On behalf of the millions of members and supporters of the National Committee to Preserve Social Security and Medicare, I am writing to endorse your bill, S. 862, the Paycheck Fairness Act. This legislation aims to prevent wage discrimination from happening in the first place and help women and their families secure the paychecks they have earned.