Joe
Austin,#2Consumer Comment
Thu, September 16, 2010
CHECK OUT THIS STORY IN THE SAN ANTONIO EXPRESS NEWS BUSINESS SECTION DATED TUESDAY, SEPTEMBER 14, 2010.
NOT ONLY DOES IT PROVIDE SOME OF MY DOCUMENTATION THAT OLDER WORKERS ARE BEING DISCRIMINATED AGAINST --EVEN THOSE OF US WHO MANAGED TO GET EDUCATION TO UPDATE OUR JOB SKILLS -- BUT I ALSO HAVE MADE COMMENTS ABOUT THE ARTICLE.
I AM POSTING IT HERE TO EDUCATE PEOPLE ABOUT THE DIRE CIRCUMSTANCES MANY OLDER WORKERS ARE FINDING THEMSELVES IN.
AMERICANS IN THEIR 50s HIT HARD BY CUTBACKS, STAYING JOBLESS LONGER
BY PATRICK MAY
SAN JOSE MERCURY NEWS
I WONDERED WHAT RELEVANCE THAT A STORY FROM A NEWSPAPER IN CALIFORNIA COULD HAVE IN TEXAS AS TEXAS HAS MUCH LESS OF A SAFETY NET FOR WORKERS IN GENERAL AND NOT MUCH OF THE WELFARE THAT CALIFORNIA IS NOTORIOUS FOR --AND HAS BANKRUPTED THE STATE.
I KNEW I HAD MANY OLDER FRIENDS HERE IN THE AGE GROUP WRITTEN ABOUT BUT I HAVE A LOT OF FRIENDS IN THEIR MIDDLE 40s WHO WERE ALSO BEING DISPLACED FROM THEIR JOBS! WHAT IS UP WITH THIS? A FEW MANAGED TO BE BROKE ENOUGH TO TRY TO GET PELL GRANTS TO UPDATE THEIR JOB SKILLS AND HAVE MANY CUTTING EDGE TECH SKILLS BUT THOSE AR4E WORTHLESS WITHOUT ANYONE TO HIRE THEM.
SO NOW, WHAT? LET US READ SOME MORE OF THIS ARTICLE.
"SAN JOSE-CALIF. - IN THIS RECESSION, AMERICANS IN THEIR 50s REALLY ARE TAKING IT HARD ON THE CHIN.
"THEIR 401Ks ( a SCAM AT THE TIME, AND I SAID IT, SO THE COMPANY COULD PRETEND TO BE SETTING ASIDE THAT MONEY FOR THE WORKER BUT ACTUALLY USE IT AND THE INTEREST FROM IT TO RECAPITALIZE THE COMPANY OR EMBEZZLE IT OR...) HAVE BEEN CUT DOWN TO 201Ks, THEIR PENSIONS HAVE BEEN FROZEN OR WORSE.. AND WHILE YOUNGER WORKERS MAY HAVE BEEN HIT HARDER BY UNEMPLOYMENT, 50-SOMETHING AMERICANS WHO GET AID OFF ARE STUCK IN JOBLESS LIMBO LONGER THAN ANY OTHER AGE GROUP.
I HAVE NEVER HAD A JOB THAT HAD A PENSION OR A 401K. I ALWAYS HAD TO BE CAREFUL THAT I DID NOT RUN OUT OF JOB BEFORE I RAN OUT OF BILLS TO PAY.
I HAVE HAD FRIENDS WHO WERE LAID OFF FROM TECH COMPANIES IN 2001 AND STILL NEVER FOUND ANOTHER JOB...THEY MADE GOOD MONEY BUT EVEN AFTER SCRIMPING AND SAVING, THAT MONEY IS NOW ALMOST GONE AND --NOW WHAT?
" ' IT'S A REAL MESS,' SAID LINDA KAHN, A 51-YEAR OLD GRAPHIC DESIGNER WHO LOST HRE JOB IN EARLY 2009 AND RECENTLY TOOK A PART-TIME GIG AT TARGET BECAUSE, "I WAS GOING INSANE JUST SITTING AROUND THE HOUSE. ON MY BLOCK ALONE, THREE OF US WOMEN IN OUR 50s ARE OUT OF WORK. ONE WOMAN'S DIPPING INTO HER SAVINGS TO LIVE. OUR HOUSES ARE WORTH LESS THAN WE PAID FOR THEM. AND THE TWO INTERVIEWS I HAD WENT NOWHERE."
CAN'T BE TOO BAD IF SHE GETS INTERVIEWS. HERE, YOU SEND OUT RESUMES TO GOD KNOWS WHO AND HEAR NOTHING AT ALL. I HAVE FRIENDS WHO HAVE SENT OUT 900 RESUMES IN THREE MONTHS AND ALL THEY GOT WERE AN AVERAGE OF THREE AUTO ANSWER ACKNOWLEDGING THAT THEY WERE JUST ONE OF MANY APPLICANTS.
ANOTHER OF MY FRIENDS IS A PROGRAMMER WHO IS UP ON EVERYTHING AND GOT AN INTERVIEW BUT WHEN SHE SHOWED UP AND THEY SAW HOW OLD SHE WAS, THE FRIENDLY AND ENCOURAGING PHONE CALLS STOPPED AND SHE SUDDENLY BECAME "OVERQUALIFIED." THE BUZZWORDS THAT JUSTIFY YUPPIE HUMAN RESOURCES' AGE
DISCRIMINATION IN HIRING.
WE ALL KNOW IT FOR WHAT IT IS. IT IS ILLEGAL. AND THE EQUAL EMPLOYMENT COMMISSION IS NOT ENFORCING AGE DISCRIMINATION LAWS EVEN THOUGH IT HAS BEEN ON THE BOOKS SINCE THE LATE 1960S! WHY?
"IS IT BECAUSE WE ARE IN OUR 50s," KUHN SAID."WHAT ELSE COULD IT BE? SOMEONE ON THE OTHER END IS LOOKING AT OUR RESUMES, DOING THEIR MATH AND THINKING, THIS WOMAN IS A FUDDY DUDDY. I FEEL LIKE WE HAVE BEEN PUT OUT TO PASTURE. IT'S LIKE WE ARE REACHING RETIREMENT AGE BUT WE'RE NOT READY FOR RETIREMENT."
WELL, GET READY FOR A WHOLE LOT OF HOMELESS SENIOR CITIZENS BECAUSE IF THEY CAN NOT WORK, PAY THEIR PROPERTY TAXES OR BUY FOOD AND THEY HAVE NO FAMILY TO HELP THEM -- AS MANY OF THESE WOMEN DO NOT SINCE THEY USUALLY HAVE BEEN DIVORCED WITH NO ASSISTANCE FROM THERE, THERE IS GOING TO BE A HUGE SOCIAL PROBLEM IN THE MAKING UNLESS SOMEONE COMES UP WITH ANOTHER BOOM ECONOMY --FAST--WHICH WILL LET EVERYONE WHO NEEDS A JOB HAVE A JOB.
"IT IS A DEMOGRAPHIC SQUEEZE PLAY OF HISTORICAL PROPORTION, WITH A JOBLESS RATE NOT SEEN SINCE THE GREAT DEPRESSION. MANY 50 -SOMETHINGSNOT ONLY NEED TO REINVENT THEMSELVES AFTER A LATE-IN-LIFE JOB LOSS, BUT MUST RECALIBRATE THEIR EXPECTATIONS, SAID SANTA CLARA PROFESSOR AND PSYCHOLOGIST TOM PIANTE."
LEAVE IT TO AN ACADEMIC EFFETIST WHO IS NOT AFFECTED BY ANY OF THIS. HIS THEORIES AND PRONOUNCEMENTS DO NOT AFFECT HIM AND ARE NOT BASED IN ANYH REALITY. THESE ARE THE SORTS OF PEOPLE WHO ACTUALLY THINK THAT OLDER PEOPLE NEED TO HAVE THE QUALITY OF LIFE (DEATH PANEL) REVIEWS TO SEE IF THEY DESERVE TO LIVE AND ARE NOT JUST "USELESS EATERS." HOW CAN YOU WORK AND BE A PRODUCTIVE CITIZEN WHEN THERE ARE NO JOBS AND WHERE THERE IS AGE DISCRIMINATION? WHY SHOULD PEOPLE WHO ARE NOT PERSONALLY AFFECTED BY THIS PROBLEM BE ALLOWED TO MAKE POLICY AND SPEAK FOR THOSE OF US WHO ARE?
"AS OLDER AMERICANS HEADED FOR RETIREMENT, THE RECESSION CUT INTO THEIR PLANS, SENDING RETIREMENT ACCOUNT BALANCES DOWN 32 PERCENT FROM A PEAK OF $6.7 TRILLION IN SEPTEMBER, 2007 TO $5.9 TRILLION IN MARCH 2008, ACCORDING TO AARP. AS THE RECESSION KICKED IN, MORE THAN ONE OF EVERY FOUR FORECLOSURES AND DELINQUENCIES INVOLVED AMERICANS 50 AND OLDER, THIS ON TOP OF THE DECADE'S ALREADY SHARP INCREASE IN BANKRUPTCY FILINGS FOR THE 55-AND ABOVE SET
"THE JOBS PICTURE ISN'T GETTING ANY PRETTIER FOR OLDER WORKERS WHOSE UNEMPLOYMENT RATE NATIONALLY HAS JUMPED SHARPLY THROUGH THE RECESSION, HITTING 7.1 PERCENT IN FEBRUARY, JUST SHY OF THE HISTORIC HIGH OF 7.2 PERCENT IN DECEMBER, ACCORDING TO THE BUREAU OF LABOR STATISTICS. THIS ECONOMIC MALAISE IS PROVING NEARLY TWICE AS NASTY FOR THEM AS THE ONE IN 2001, WITH THEIR UNEMPLOYMENT RATE RISING 58 PERCENT IN THE FIRST YEAR OF THIS DOWNTURN.
I WAS LUCKY ENOUGH TO TRY TO STAY IN SCHOOL AS LONG AS I COULD, BUT I RAN OUT OF OPTIONS IN 209I. I KNOW YOUNG ATTORNEYS WHO HAVE GRADUATED AND PASSED THEIR BAR EXAMS WHO ARE DOING PARALEGAL WORK, JANITOR WORK AND ANY OTHER KIND OF WORK THEY CAN FIND. PAY BACK STUDENT LOANS ON A MINIMUM WAGE OR SEASONAL JOB? ARE YOU KIDDING. I AM WONDERING WHAT THE HELL MADE THIS HAPPEN. I WAS A VICTIM IN 2001 WHEN I LOST MY HIGH TECH CORPORATE SECURITY JOB AND THEN I BECAME DISABLED IN MARCH 2002 WORKING FOR A PENNY ANTE PRIVATE SECURITY GUARD SERVICES PROVIDER WHO WENT OUT OF BUSINESS AND THE OWNERS LEFT THE STATE -- OF COURSE, THEY HAD NO WORKERS COMPENSATION INSURANCE, AND I HAD TO GO TO THE STATE FOR HELP.
SOME MAY NEVER FIND ANOTHER JOB. A PEW ECONOMIC POLICY GROUP REPORT IN APRIL SAID NEARLY 30 PERCENT OF JOBLESS PEOPLE 55 AND OVER HAVE BEEN OUT OF WORK FOR A YEAR OR LONGER, A HIGHER RATE THAN ANY OTHER GROUP.
ANOTHER FACTOR PRESSURING OLDER AMERICANS LOOKING FOR A JOB OR CLINGING TO THE ONE THEY HAVE BY THEIR FINGERNAILS TO THE ONE THEY'VE GOT IS MORE COMPETITION S THE LABOR FORCE PARTICIPATION AMONG PEERS CONTINUES AND UPWARD 15-YEAR TREND. THAT, EXPERTS SAY. HAS BEEN FUELED IN PART BY THE DEMISE OF TRADITIONAL PENSION PLANS. THROW IN THE STOCK MARKET'S WHIPLASH AND THE NEED TO WORK LONGER TO REPLENISH LOST SAVINGS AND IT'S NO SURPRISE THAT PLEASANTON, CALIF. CAREER COACH RANDY HLAVIN HAS BREN SEEING SO MANY CLIENTS DESPERATE FOR SOME GUIDANCE.
"TYPICALLY," HE SAID. " THEY'VE BEEN DOWNSIZED OUT OF A JOB OR ELSE PUT INTO ANOTHER POSITION WITH MORE RESPONSIBILITY FOR LESS PAY, AND THAT PUTS EVEN MORE STRESS ON THEIR LIVES, FINANCIALLY AND EMOTIONALLY."
THIS IS THE HELL THAT MOST OF US BABY BOOMERS HAD TO ENDURE WHEN WE WERE FIRST ENTERING THE JOB MARKET --TOO MANY PEOPLE AND TOO FEW JOBS.
THOSE WHO WERE BETTER CONNECTED WERE ABLE TO GET THE GREAT JOBS THAT PAID A LIVING WAGE AND RETIREMENT WITH ALL THE PERKS WHILE THE REST OF US HAD TO SETTLE FOR WHAT LITTLE THERE WAS LEFT.
THIS IS THE COMMON SQUEEZE PLAY TO KEEP PILING ON THE WORK, THE BLAME, THE PRESSURE UNTIL YOU CAN'T TAKE IT ANYMORE AND THEY USED IT TO FORCE YOU TO QUIT SO THEY WON'T HAVE TO PAY UNEMPLOYMENT. HAPPENS A LOT HERE IN TEXAS. RIPOFF? YOU BET. BUT WHO DO YOU COMPLAIN TO?
LAST YEAR, SANTA CRUZ TECHNICAL WRITER SIMONE CRUZ, 53, SPENT NEARLY EIGHT MONTHS JOB HUNTING BEFORE SHE FOUND WORK. IN THE MEANTIME, SHE HAS SEEN HER THREE-BEDROOM TOWN HOUSE APPRAISE BELOW THE PRICE SHE PAID FOR IT SIX YEARS AGO AND WATCHED HER HEALTH CARE COSTS CLIMB AS SHE'S REQUIRED TO PAY MORE OF HER SHARE THAN IN PREVIOUS JOBS. AND HER 401k? "IT'S DOWN A LOT," COX SAID." WHEN I LOOK AT MY STATEMENT, I SEE MORE MINUSES THAN PLUS MARKS."
LIKE MANY OF HER FELLOW 79 MILLION BABY BOOMERS, COX IS COMING TO A SOBERING REALIZATION.
"RETIREMENT IS FADING FURTHER OUT," SHE SIAD. " NOW, I AM THINKING I CAN'T STOP UNTIL I'M WELL INTO MY 60s. BUT WE ARE ALL SO UNDERSTAFFED AND OVERSTRESSED, CAN YOU REALLY KEEP UP THAT PACE THAT LONG? FRANKLY. I DON'T KNOW. FOR NOW, I JUST TRY AND PUT IT OUT OF MY HEAD."
WHAT A PROBLEM --AT LEAST SHE HAS A JOB. FOR NOW