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For the first time in nearly 50 years, older workers face higher unemployment than their midcareer counterparts, according to a study released Tuesday by the New School university in New York City.The pandemic has wreaked havoc on employment for people of all ages. But researchers found that during its course, workers 55 and older lost jobs sooner, were rehired slower and continue to face higher job losses than their counterparts ages 35 to 54.It is the first time since 1973 that such a severe unemployment gap has persisted for six months or longer.AARP said the study bolstered concerns about the economic impact of the virus on on older workers. When people over 50 lose their jobs, it typically takes them twice as long to find work as it does for younger workers, the organization representing the interests of older Americans estimates.The pandemic “may be something that is pushing people out of the workforce and they may never get back in,” said Susan Weinstock, AARP’s vice president of financial resilience programing.In every recession since the 1970s, older workers had persistently lower unemployment rates than midcareer workers — partly because of seniority benefits.But in the current recession, older workers experienced higher unemployment rates than midcareer workers in each month since the onset of the pandemic.The older workers’ unemployment rates from April through September were 1.1 percentage points higher than mid-career workers — at 9.7% versus 8.6%. The rates were compiled using a six-month rolling average and were far worse for older workers who are black, female or lack college degrees.Among the newly unemployed older workers is Legasse Gamo, 65. He was laid off in March from his job as a baggage handler at Reagan National airport in the Washington suburb of Arlington, Virginia.While Gamo is afraid of exposing himself to the coronavirus by working around others, he said he has looked for work — because he feels he has little choice but to take any job he can find.The contractor he worked for, Eulen America, has required its laid off employees to reapply for their jobs. Gamo did so but said he has received no reply.The immigrant from Ethiopia supports three grandchildren, ages 6, 12 and 14, who live with him. His daughter is still employed, but her pay is not enough to cover their expenses. Gamo gets 0 a week in unemployment insurance payments and said he has spent almost all of his savings.“I just want to get back to my job as soon as possible to support my family because I’m afraid we will end up homeless,” Gamo said.The New School study focused only on workers with established careers. As a result, it did not examine workers younger than 35.It found that the pandemic has posed a unique risk for older workers, said Teresa Ghilarducci, director of the New School’s Schwartz Center for Economic Policy Analysis.“The higher rate of unemployment for older workers might be because this is a once-in-a-lifetime chance for employers to shed older workers and not fear investigation by the labor department,” Ghilarducci said.She added: “Age discrimination rules are not being tightly enforced. Employers, fearing economic instability, may want to get rid of relatively more expensive workers and take their chances with training new workers when the economy recovers.”Older workers often face age discrimination, making it difficult for them to find jobs. Researchers believe employers laid off and resisted rehiring older adults, in part because they tend to face more serious health risks when infected by the virus.The unemployment spike for older workers could force more of them into early and involuntary retirement, worsen their financial well-being and exacerbate financial disparities already experienced by women, minorities and people without college degrees in terms of retirement security.New School researchers estimated that 1.4 million workers over 55 remain lost their jobs since April and remain unemployed. The figure does not include workers who became unemployed in April and left the work force.The situation could have deep ramifications for older workers close to retirement because their final years on the job are critical for those who have not saved enough for their retirement and expect to work longer to shore up their retirement funds.“Retirement security is very fragile and a lot of them never recovered from the recession in the first place,” said Weinstock, of the AARP. “They were planning on working to make up for money they hadn’t saved and then they aren’t able to make those catch up payments they need.”The Schwartz Center for Economic Policy Analysis at the New School has estimated in research separate from Monday’s study that 43 million people now in their fifties and early sixties will be poor when they become elderly because of economic conditions or a lack of adequate savings in retirement plans.The researchers who conducted the new study recommended that Congress increase and extend unemployment benefits for older workers, discourage withdrawals from retirement accounts, lower Medicare eligibility to 50 and create a federal Older Workers Bureau to promote the welfare of older workers.____AP Business Writer Alexandra Olson contributed to this report from New York 5294

Fred Mazzulla, photographer. “Route Followed by Alfred Packer and Party January – April 1874.” Drawn by Bert F. Wilson. Courtesy of Littleton Museum. 158

FREDERICK, Colo. — When Chris Watts murdered his wife, his two daughters and unborn child in August 2018, it captured headlines around the world.Two years later, the Watts home still sits vacant.Driving by, it looks like the all-American home — two stories, five bedrooms and more than 4,000 square feet in the cookie-cutter suburbs of northern Colorado. But when buyers realize what happened inside, everything changes."There's no mystery about what happened there. The neighborhood knows what happened there. Potential buyers know what happened there," Denver-based bankruptcy attorney Clark Dray said.Chris Watts strangled his wife, Shanann, inside their home after an early-morning fight. Watts told her he was having an affair with a co-worker and wanted out of the marriage. That same morning, Watts smothered his two daughters, Bella, 4, and Celeste, 3. He then tried to cover up the murders by placing his wife's body in a shallow grave and his daughters in crude oil tanks on the property where Chris worked.As Watts lied to investigators, he also went before news cameras begging for his family to return. He later confessed to police after failing a polygraph test.Watts is now serving multiple life sentences in prison.Interest in the murder homeThe fate of 2825 Saratoga Trail, where the family lived, currently sits in legal limbo."It's a beautiful home. I would hate to see them just take it down," said a next-door neighbor who asked not to be identified.Neighbors are scarred by what happened. In fact, all the neighbors interviewed said they did not want to be identified. They all said they didn't want to bring any more attention to themselves or the neighborhood."For the neighborhood, it's just kind of difficult," the next-door neighbor said.She said a recent Netflix documentary about the murders — "American Murder: The Family Next Door" — has spurred new interest in the home, and not the kind anyone in the neighborhood wants."Literally hundreds of cars have come by. They're curious; they've been coming from out of state," the next-door neighbor said.The area has seen so much activity since the documentary aired that neighbors put up "no trespassing" signs out front of the Watts house and are urging people not to leave any more memorials on the front porch."I totally understand everyone's interest in the home. I just would ask that people just be respectful because you are coming into the neighborhood of, you know, other people that live here," the next-door neighbor said.She said cars speed in out of the neighborhood to see the home often, and she worries about the safety of children playing."People come late at night," she said.Home is deterioratingCurrently, the grass outside the Watts house is dead, and vacancy notes are plastered to the door.Around back, memories of the family home are frozen in time. The girls' swing set blows in the wind, and a stuffed animal lies in the grass."There's a fascination with it," said the next-door neighbor."It would be a great home for a traditional family," Dray said.But Dray, the Denver-based bankruptcy attorney, said it's very difficult for a buyer to overcome the stigma associated with the home."At this point in time, there's no financial incentive to anyone involved to pursue this home," he said.Shortly after the murders, the lender that owns the mortgage foreclosed on it and put the house up for auction. But nobody wanted it, so Weld County took it out of foreclosure."It's a strategic decision that the bank has made — 'this doesn't have to be our problem. We're OK not getting paid on this property for the foreseeable future,'" Dray said.Real estate appraiser says price is 'way too high'The couple bought the home brand new for 9,954 in 2013, and according to Zillow, it's now valued at close to 0,000. Real estate appraiser Orell Anderson said the price is way off-base."It's way too high — as if this never occurred," he said. "I think that the property has been mismanaged."Anderson said for the home to sell, it needs to be discounted heavily. He believes they should cut the price by at least 40%."You see a pattern that tells you that when there are children involved in the murder, the discounts go higher," Anderson said.On top of that, Anderson said the seller needs to make the house look different. He suggests repainting it, changing the addresses or adding new plants — anything to wipe away the memories that are kept alive through photographs and videos of the home in the media."That's been exacerbated because it's been vacant for so long," he said.Several creditors have also placed liens on the home; the largest is from Shanann's parents. They placed a million dollar lien on the house after they won a wrongful death suit against Watts."That would make it very difficult to sell the home at a reasonable price," Dray said.He said for a sale to make sense, a potential buyer would have to make a deal with the lien holders and have enough money to cover the original mortgage.Neighbors have mixed opinions on what should happenMichelle Pate lives near the Watts home and says she would like to see it torn down."Who would want to start their life in that house?" she said. "I don't understand why they haven't just knocked it down and maybe made a little park out of it or something."Meanwhile, next-door neighbors said they are hoping for new energy and a new beginning for the home with a story that shocked the world."Once enough time has gone by, I think probably another family will move in," the neighbor said.This story was originally published by Jennifer Kovaleski on KMGH in Denver. 5632

Former MLB players Luis Valbuena and Jose Castillo have been killed in a car crash in Venezuela, according to multiple media reports.  The two were teammates on a winter ball team in Venezuela at the time of the crash on Thursday. Castillo was 37 at the time of his death and finished his career with the Houston Astros. Valbuena, 33, most recently played for the Los Angeles Angels and was a sought after free agent in this MLB offseason.Details on what led up to the crash have not yet been released.   547

FORT LAUDERDALE, Fla. (AP) — Florida police and campaign officials say President Donald Trump’s former campaign manager Brad Parscale has been hospitalized after he threatened to harm himself. Police officers say they talked Parscale out of his Fort Lauderdale home Sunday after his wife called police to say that he had multiple firearms and was threatening to hurt himself. He was hospitalized under the state’s Baker Act, which allows anyone deemed to be a threat to themselves or others to be detained for 72 hours for psychiatric evaluation. Parscale was demoted from the campaign manager’s post in July but remained part of the campaign, helping run its digital operation. 686