- Home
- News
- Features
- Topics
- Labor
- Management
- Opinions/Blogs
- Tools & Resources
Making Financial Decisions When You Lose Your Job
By TARA SIEGEL BERNARD — About 1.7 million people lose their jobs every month, creating a hugely stressful situation and requiring potentially life-altering choices. Beyond the emotional toll, many individuals agonize over potentially life-altering financial decisions, including how best to manage any money they may be going out the door with. Source: The New York Times – The […]
Gallup: Fewer Will Rely On 401(k) in Retirement Than Pre-Recession
02/05/2014 Comments Off on Gallup: Fewer Will Rely On 401(k) in Retirement Than Pre-Recession
Retired Americans rely on Social Security as a major source of income By Rebecca Riffkin, Gallup Prior to the Great Recession, most Americans planned to rely on a 401(k), IRA, Keogh, or other retirement savings account when they retire. Today, 48% of Americans say they would rely on a 401(k) account in retirement — a […]
Continue reading …Income, Age Key Factors in Retirement Funding Expectations
20/05/2013 Comments Off on Income, Age Key Factors in Retirement Funding Expectations
By JEFFREY M. JONES, Gallup— Non-retired Americans’ expectations about which sources they will rely on to fund their retirement differ significantly by their annual household income. Upper-income non-retirees are much more likely to say investments, such as a 401(k), IRA and other retirement savings accounts or individual stock investments, and work-sponsored pension plans will be […]
Continue reading …Average U.S. Retirement Age Rises To 61
18/05/2013 Comments Off on Average U.S. Retirement Age Rises To 61
By ALYSSA BROWN, Gallup— The average age at which U.S. retirees say they actually retired is now at 61, up from 57 in the early 1990s. These results are from Gallup’s annual Economy and Personal Finance survey, conducted April 4-14. The average retirement age has crept up by four years over the past two decades, […]
Continue reading …Older Workers Delay Retirement, No End In Sight For Many
24/02/2013 Comments Off on Older Workers Delay Retirement, No End In Sight For Many
The Conference Board—Even as stock prices rise, unemployment drops, and overall recovery takes hold, more U.S. workers than ever are delaying retirement, according to a report by The Conference Board, Trapped on the Worker Treadmill? “It’s disconcerting that the two years in which the U.S. economy seemed to finally, if fitfully, turn the corner also left […]
Continue reading …Recessions Are Killer, Cutting Short Older Workers’ Lives, Study Finds
22/02/2013 Comments Off on Recessions Are Killer, Cutting Short Older Workers’ Lives, Study Finds
Recessions can be fatal for older workers. A new study shows recession’s toll on health and reveals unexpected advantages of Social Security and Medicare for older workers, those in their 50s and 60s. The study conducted by Wellesley College economists found that over time, a recession can have significant, adverse effects on the health of […]
Continue reading …PBGC Bails Out Hawker Beechcraft Pension Plans
31/01/2013 Comments Off on PBGC Bails Out Hawker Beechcraft Pension Plans
The Pension Benefit Guaranty Corporation (PBGC) will assume benefit payments for more than 9,500 workers and retirees from two of Hawker Beechcraft, Inc.’s pension plans under a bankruptcy court agreement announced Thursday, Jan. 31, 2013. The settlement also includes $2.5 million to those salaried retirees whose benefits exceed those paid by PBGC under rules set […]
Continue reading …A Backyard Pup Tent Retirement Plan For Broke Boomers
18/01/2013 Comments Off on A Backyard Pup Tent Retirement Plan For Broke BoomersBy RICK BELL, workforce.com– Since the financial meltdown hit and my retirement investments largely were blown to bits, I joke with my kids that they’d better buy a house on a big enough plot of land for me to comfortably locate my future digs. Nothing fancy, I tell them; enough room in the backyard for […]
Continue reading …The Democratization Of The Stock Market That Never Happened
28/09/2012 Comments Off on The Democratization Of The Stock Market That Never Happened
By Heidi Shierholz, Economic Policy Institute— Despite minute-by-minute dissection of the stock market in the news media, the share of the population of the United States owning stock is surprisingly low. Even when including shares purchased indirectly through retirement accounts, in 2010, less than half (46.9%) of all households had stock holdings. Less than a […]
Continue reading …EBSA Launches 401(k) Retirement Savings Fee Disclosure Website
19/09/2012 Comments Off on EBSA Launches 401(k) Retirement Savings Fee Disclosure Website
Your 401(k) has retirement savings plan been costing you money. How much? Until now it was difficult, if not impossible to tell for sure. Now, for the first time, you can find out exactly how much you are paying for 401(k) plan. The U.S. Department of Labor’s Employee Benefits Security Administration has announced a new […]
Continue reading …- Celebrating the Resilience of Low-Income Women
- CEOs Get to Retire Comfortably. Workers Like Me Deserve the Same.
- Jobs Increased 339,000 In May, Unemployment Up 0.3% To 3.7%
- The decline of job creation at new establishments
- Contractor faces 2 serious citations after US Department of Labor finds safety failures led to welder’s death at Bonner Bridge demolition project
- Investigation into worker’s severe arm injury finds Cusseta auto parts manufacturer, supplier willfully ignored safety precautions
- ‘It’s a sweat factory’: Instacart workers ready to strike for pay and conditions
- Ships backed up outside US ports pumping out pollutants as they idle
- Privacy fears as Moscow metro rolls out facial recognition pay system
- ‘We are not machines’: Hollywood workers poised to strike for better conditions
- Boeing pilot indicted for allegedly deceiving US regulators over 737 Max
- Ipswich apprentice butcher encourages others to consider industry
- Ipswich apprentice butcher encourages others to consider industry
- Over 10,000 John Deere workers strike over ‘years’ of poor treatment
- Corporations are pledging to be ‘water positive’. What does that mean?
- US Department of Labor investigation of crane collapse, double fatality on Interstate 10 finds Lufkin company failed to assemble crane properly
- For the 6th time in 7 years, federal inspectors find Illinois contractor putting construction workers at risk of industry’s deadliest hazard
- US Department of Labor proposes $83K in fines to healthcare facility for failing to protect workers from coronavirus hazards
- Facebook says it will do more to prevent online hate, harassment
- As U.S. prepares to reopen border, some urge Canada to relax testing requirement
- Biden orders companies to ease supply chain bottlenecks or he’ll ‘call them out’
- What is the ‘new model’ the EU is proposing for Northern Ireland?
- Apple to make 10 million fewer iPhones due to microchip shortage
- US Department of Labor, Mexican Consulate in Boston enter alliance to promote workplace safety, health among New England’s workers
- US Department of Labor sues Austin luxury car dealer that retaliated against employee who raised concerns of coronavirus hazards
- Vaccine hesitant New Yorkers consider leaving the city as mandates take effect
- Carbon emissions ‘will drop just 40% by 2050 with countries’ current pledges’
- House passes bill to raise US debt ceiling through early December
- ‘The stakes couldn’t be higher’: GE urged to invest in green US jobs
- Zellers returns — kind of — but the lowest price isn't quite the law
- Cement makers across world pledge large cut in emissions by 2030
- India faces electricity crisis as coal supplies run critically low
- California justice department to investigate enormous oil spill