The worst U.S. economic recession in 70 years is forcing senior citizens out of retirement, leaving them fighting for jobs in a weak labor market or risk homelessness, according to a private study.
“These people are at the age where they understandably thought their job-searching years were behind them,” said Cynthia Metzler, president and CEO of Experience Works.
“But here they are, many in their 60s, 70s and beyond, desperate to find work so they can keep a roof over their heads and food on the table.”
Ninety percent of respondents 76 years and older planned to continue working for the next five years. Read More