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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
FORTVILLE, Ind. — We continue to learn more about COVID-19 especially the symptoms and researchers are finding survivors are still dealing with the virus months after beating it.“Luckily for me, I did not have a severe case,” Nikki Privett said.She was diagnosed with COVID-19 in April.“I thought everything was fine. I thought, OK, the worst part was my eyes hurt to move,” Privett said.She thought she was in the clear until several months later when she says her hair was coming out in chunks.“At the end of June I noticed, you know girls our hair always falls out in the shower, but I noticed that more and more was coming out in my hands and then eventually in July it became handfuls and I was shocked and I was trying to figure out what was happening,” Privett said.“The long-term symptoms are you know there's a lot more of them than we expected,” said Dr. Natalie Lambert, an associate research professor at Indiana School of Medicine.Lambert said they’ve found COVID survivors are feeling a wide range symptom including hair loss.“We're finding that hair loss is temporary so that when the body starts to recover because it's a huge shock to have COVID-19 the virus impacts many different bodily systems at once so your whole-body needs time to recover,” Lambert said.“I hope that all of this is just temporary and that our bodies will learn to fight this,” Privett said.Lambert said a symptom that is really concerning to her and other researchers is vision changes. She said it’s important that you stay in tune with your body and question anything that doesn’t feel right.This story was first reported by Kelsey Anderson at WRTV in Indianapolis, Indiana. 1675
Former Trump campaign adviser Rick Gates is finalizing a plea deal with special counsel Robert Mueller's office, indicating he's poised to cooperate in the investigation, according to sources familiar with the case.Gates has already spoken to Mueller's team about his case and has been in plea negotiations for about a month. He's had what criminal lawyers call a "Queen for a Day" interview, in which a defendant answers any questions from the prosecutors' team, including about his own case and other potential criminal activity he witnessed.Gates' cooperation could be another building block for Mueller in a possible case against President Donald Trump or key members of his team. 698
Former White House lawyer Ty Cobb said Monday that he does not believe the ongoing special counsel probe led by Robert Mueller is a "witch hunt."The comment puts him at odds with his former boss, President Donald Trump, who has repeatedly called the probe into possible ties between his campaign and Russian interference in the 2016 election a "witch hunt."Cobb, speaking with CNN's Gloria Borger at the day-long CITIZEN Conference in New York, took a markedly different position."I don't think it's a witch hunt," he said.The comment came during a panel with Jack Quinn, a former White House lawyer under President Bill Clinton.Later, Cobb lauded Mueller, the former head of the FBI and a Vietnam War veteran."Bob Mueller is an American hero in my view," Cobb said, noting his service as a Marine."He was a very serious prosecutor," Cobb said. "He and I first met in the mid '80s when we were prosecuting different places and I have respected him throughout."Cobb left the White House earlier this year after months of working on the administration's response to the Mueller investigation."I've done what I came to do in terms of managing the White House response to the special counsel requests," Cobb said. "I'm extremely grateful to the President and Chief Kelly for the opportunity to serve my country."It was clear on Monday, however, the Cobb's time in the White House was unique, highlighted by the fact that he often had to work with the President on how to publicly respond to Mueller.Borger asked both lawyers about working with Presidents in crisis and Quinn lauded his former boss."I have practiced law for a really long time on Washington, Bill Clinton was the best client I ever had" he said. "Believe it or not, he not only listened to advice, he sought it out and particularly, frankly, when he was in crisis, he wanted input, he wanted other people's thinking, he wanted guidance."When Borger asked if there was anger, frustration of blow ups, Quinn said no, the vision of Clinton a quick tempered was a "myth."Cobb, to laughs, responded: "Um, I had a slightly different experience." 2109
For the first time since the Camp Fire started its deadly rampage 11 days ago, firefighters will get a big assist from rain.The 4 to 6 inches expected later this week will help suppress an inferno that has already killed at least 77 people. It'll also finally improve the heavily polluted and unhealthy air smothering Northern California.But there's a catch: With more than 150,000 acres of newly scorched earth, there's little vegetation to soak up the rain.That means the region is now at risk of mudslides, which could be especially dangerous for firefighters battling the inferno."They're having to fight this fire right now in the mountainous areas -- the ravines, the canyons, very steep, rugged terrain," said Scott McLean, deputy chief for Cal Fire -- the state's forestry and fire protection agency."They're back there on dirt roads, dirt trails, trying to fight this fire. Now it's going to turn into mud, which will be another hazard for them to contend with."Along with mudslides comes the risk of debris flow gushing from the Camp Fire's charred rubble."Recently burned areas could see ash flow ... and even have the potential for debris flow if rain intensity is high enough," the National Weather Service's Sacramento office said.Since the Camp Fire broke out November 8, it's destroyed more than 10,500 homes and torched an area the size of Chicago.Even worse: Fire officials predict the Camp Fire is only halfway done burning. According to Cal Fire, the blaze might not be fully contained until November 30. 1538