A very interesting article from a few weeks ago in the Tampa Bay paper writes about the over 55 demographic as part of the national employment picture. All of its statistics come from the Bureau of Labor Statistics.
First, the number of unemployed people aged 55 to 64 has tripled to 1.6 million since the recession started.
Second the number of people over age 55 who are in the active workforce should grow by 43 percent by 2018. I'm not sure what their estimates are for national employment in eight years.
What's important to see is that the baby boomer, active retiree and senior demographics are all getting hit very hard. Many of them cannot make ends meet. Reverse Mortgages can help them.
Here's the link to the article:
http://m.tampabay.com/business/205226/full/
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