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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
FORT LAUDERDALE, Fla. — Florida is bracing for more impacts from Tropical Storm Eta, which has already brought heavy rains and flooded city streets in the state.Officials shut down public transportation and ordered some evacuations Sunday.Even if the storm doesn’t strengthen into a hurricane, its slow speed and heavy rains posed an enormous threat to an area already drenched from more than 14 inches of rain last month. Eta could dump an additional 6 to 12 inches.The National Hurricane Center (NHC) said in a morning update that life-threatening flash flooding will be possible across inundated urban areas of southeast Florida on Monday.NHC Director Ken Graham provided a briefing on Tropical Storm #Eta shortly after the release of the 7 am EST intermediate advisory.Watch on Facebook here: https://t.co/sOzOFRHpgP pic.twitter.com/S01xl343Mf— National Hurricane Center (@NHC_Atlantic) November 9, 2020 The NHC says radar estimates show over a foot of rain has fallen over the past two days in some areas of South Florida.“Flash and urban flooding will also be possible for Cuba, Jamaica, the Bahamas and the remainder of southern Florida, along with potential minor river flooding in central Florida,” the NHC said.The storm had maximum sustained winds of 65 mph Sunday night and made landfall on Lower Matecumbe Key around 11 p.m. The NHC says Eta could approach Florida’s Gulf Coast later this week as a tropical storm and possibly bring impacts from rain, wind and storm surge.The system has already left scores dead and over 100 missing in Mexico and Central America.Watch NHC Director Ken Graham discuss the latest on Eta Monday morning: 1656
FRESNO, Calif. (AP) — A Northern California man posed as a woman on dating apps to lure men to a meeting place and then rob and carjack them, prosecutors said.Contra Costa County District Attorney's Office charged Hakeem Doeparker, 20, this week with multiple felonies, including second-degree robbery and criminal threats, attempted extortion and carjacking, The Fresno Bee reported Wednesday.Doeparker allegedly created female profiles on apps such as Skout and MeetMe! to connect with his victims. Prosecutors said he scheduled dates with the victims in Antioch, which is about 45 miles (72 km) northwest of San Francisco.He approached victims from behind, pointed a gun at them and threatened to shoot or kill them if they did not give him their money or car keys.The charges stem from incidents that occurred in June with four men, who all escaped unharmed. Doeparker successfully took money and two cars, which police later recovered.Doeparker, who is in custody, pleaded not guilty to the charges on Tuesday.Prosecutors believe there may be several additional victims. An investigation is ongoing. 1112
Former FBI Director James Comey wrote in his unreleased book that President Donald Trump asked him to look into one of the most infamous allegations in a dossier of claims about Trump and Russia, the New York Post reported Thursday.The Post said it obtained a copy of the book, and that in the book, Comey wrote that Trump wanted him to prove the allegation was false in part to prove its falsehood to his wife, first lady Melania Trump."He brought up what he called the 'golden showers thing,'" the Post quotes Comey as writing.The dossier was commissioned as opposition research by political opponents of then-candidate Trump and compiled by a former British intelligence agent.Portions of the dossier remain unconfirmed.The book reportedly continues, "It bothered him if there was 'even a one percent chance' his wife, Melania, thought it was true. ... He just rolled on, unprompted, explaining why it couldn't possibly be true, ending by saying he was thinking of asking me to investigate the allegation to prove it was a lie. I said it was up to him."According to the Post report, Comey recalled the interaction occurred at the same dinner where?he said Trump asked for his "loyalty," which Trump has denied. 1236
For most Americans, wearing a mask in public has become part of the daily routine, and in most states, they’re required in indoor spaces.Even though interactions in public settings might be brief, public health experts have recommended wearing masks outside of the household.But what about family gatherings? Should you wear a mask when visiting relatives? Should you even see relatives outside of your household during a pandemic?If you ask Dr. Christopher Murray, the director of the Institute for Health Metrics and Evaluation at the University of Washington, he is opting not to see extended relatives amid the pandemic. And looking forward to the holiday season, Murray does not plan on seeing extended relatives.“Personally, in our family, we will not have our family get together,” Murrays said about Thanksgiving. “I am particularly cautious. That would be our strategy. Certainly, we have avoided, on a personal level, we have avoided any indoor exposure to friends or family and have restricted any exposure at all to outdoor interaction where we can maintain 6 feet or more.”On Thursday, Murray’s organization released new projections that indicated that near universal wearing of face coverings outside of the home would save 67,000 American lives.“If you have a gathering of other family members that are not in your household, then yes, you should be wearing a mask or at least eating outdoors and distancing, which becomes very, very difficult in the winter, Murray said. As part of Murray’s projections, an estimated 1,500 Americans will die per day from coronavirus-related illnesses in November with those numbers continuing to rise into the Thanksgiving holiday. But, those figures drops significantly if masks are worn outside of the home.Unlike Murray, Dr. Amesh A. Adalja, a senior scholar at the Johns Hopkins Center for Health Security, he takes a different approach around family. He said on the topic of wearing masks or avoiding interactions with extended family members, it depends on a person’s risk tolerance.“I am very risk tolerant,” Adalja said. “I am an infectious disease physician. I have taken care of people with the coronavirus. Both of my parents are physicians. I don’t take any special precautious with my parents. I don’t think they take any special precautious with me.“I think physicians might be risk tolerant, but I have not changed my behaviors with people I see regularly, other than if they’re telling me they have a fever, and then I might say ‘stay away’ because I don’t want to be quarantined and not be able to work.”Adalja agrees with Murray, however, that the more people that are involved in gatherings, the higher the risk. He said there is no right or wrong answer when deciding on attending an event with family.“When you make decisions on attending things, you have to make a risk calculation based on the fact that this virus is in the community, and that it’s likely to be at any activity with a sizeable number of people,” Adalja said.Adalja agrees, however, that there is a risk in attending family gatherings, and while face coverings are effective, they're not a panacea. While the CDC doesn’t explicitly discourage family gatherings, the organization has issued guidance on family gatherings. The guidelines include holding events outside when possible, keep seating and people six feet apart, and mask wearing when six feet of stance is not possible. The guidance even goes so far to recommend encouraging guests to bring their own silverware. 3521