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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
Four hurricane names have been retired after a devastating 2017 hurricane season. The World Meteorological Organization's Hurricane Committee determined Harvey, Irma, Maria and Nate would be retired from the committee's list of rotating names. The names have been replaced by Harold, Idalia, Margot and Nigel. Names are retired if a hurricane is particularly destructive or costly. Damages from the 2017 hurricane season exceeded 0 billion in the United States alone while several hundred people died throughout the world from hurricanes in 2017, according to WMO. The 2017 hurricane season featured three category 4 hurricanes making landfall, including Harvey, Irma and Maria. Nate, meanwhile, was responsible for 45 deaths after crossing Central America. 794
Florida Republican Sen. Marco Rubio said Wednesday he would support legislation to prevent an 18-year-old from buying a rifle."I absolutely believe that in this country if you are 18 years of age, you should not be able to buy a rifle, and I will support a law that takes that right away," Rubio said at CNN's town hall in Florida.At the town hall, Rubio faced Fred Guttenberg, whose daughter Jamie was murdered during the Marjory Stoneman Douglas High School shooting last week, and stood by his opposition to the assault weapons ban.Guttenberg asked Rubio to look him in the eye, to acknowledge the role guns played in his daughter's death and then promise that he would do something. 700
For months, many of us have done what we can to keep ourselves and families safe from the coronavirus.We have stayed home from events, worked from home and exercised caution when running errands, but for people who are obese, some have gravitated towards weight loss surgery as a way to protect themselves.According to medical experts, complications from COVID-19 can disproportionately affect people who are obese. In an August study, the Cleveland Clinic found patients with a body mass index of 30 or higher were found to be at a significantly higher risk for severe COVID-19, and those with a BMI of 35 and higher had a dramatically increased risk of death.“It’s been shown that people do worse with viral infections when they’re obese,” said Dr. Michael Snyder, medical director of bariatric surgery at Rose Medical Center in Denver, Colorado. “In addition, the success of a vaccine is limited in people that are obese, for any viral vaccine historically.”That August study by the Cleveland Clinic also found that when patients with obesity lose at least 5% to 10% of their weight, their risk of cardiovascular disease drops and their survival rate improves. Perhaps, that is why so many have decided to have different types of bariatric surgery to control their weight.“Obesity is really a pro-inflammatory condition and we think it really affects your T cell response; your ability to appropriately attack infection,” said Dr. Snyder.Amanda Kines-Phillips is one of those people. In February, she had wanted to get her weight more under control and decided to go through with a mini gastric bypass surgery. However, because of COVID-19 and the ban on elective surgeries, Kines-Phillips’ surgery was pushed back to July.In the four months since her mini gastric bypass, she has lost 55 pounds and feels healthier and better about health in case she contracts the virus.“I have two small daughters that I need to be there for the rest of my life and to be the best mom that I can be,” she said. “So to me [this surgery] is a life-changing tool.”Dr. Snyder says during a typical week, he performs 12 to 15 surgeries to help people control their weight. He says the four other doctors in his practice have been completely full as well since the pandemic began.“I have just been blown away,” said Kines-Phillips.Editor's Note: An earlier version of this article had an incorrect first name for Dr. Michael Snyder. 2423
For the first time, a resident of "Sesame Street" is experiencing homelessness -- and the hope is that her story can help sweep the clouds away for the growing number of young children in the United States without homes to call their own.Lily, a 7-year-old bright pink Muppet, was introduced to the world in 2011. She was originally described as being food-insecure because her family lacked consistent access to food.Now, "Lily is the first Muppet we've created whose storyline includes that she is experiencing homelessness," said Sherrie Westin, president of global impact and philanthropy for Sesame Workshop, formerly Children's Television Workshop, which is the nonprofit behind "Sesame Street."In new online videos, stories and resources, Sesame Workshop has expanded Lily's storyline to include that her family has lost their home and now must stay with friends. This homelessness initiative launched Wednesday as part of Sesame Workshop's Sesame Street in Communities program."When Lily was first launched, she came out as part of the food insecurity initiative. So she's not brand new, but this seemed like a really perfect extension of her story, so that we could use her to help children identify with," Westin said. "With any of our initiatives, our hope is that we're not only reaching the children who can identify with that Muppet but that we're also helping others to have greater empathy and understanding of the issue."Although her journey with homelessness will not appear in televised episodes of "Sesame Street" at this point, she will be in separate videos and materials in the initiative."The goal is really to give service providers, parents, teachers tools in order to address homelessness with children, in order to talk about it and raise awareness of the issue from a child's perspective and also to help children experiencing homelessness feel less alone," Westin said."I think we tend to think of homelessness as an adult issue and don't always look at it through the lens of a child, and we realize that Sesame has a unique ability to do that, to look at tough issues with the lens of a child," she said. 2144