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...reason cited was "to stay mentally active," which was given by 83% of those surveyed. Today, however, the top reason is "to earn enough money to live well," cited by 84%. That need for ongoing funding could have wide-ranging effects on the workplace. "You're going to see older Americans in the workforce longer, and that has implications for the entry level of the workforce," he says. (See 10 perfect jobs for the recession - and after...
David Corbin, a chartered financial analyst and president of Corbin & Co. Capital Management, says he isn't surprised by the survey's results. "I'm actually surprised that the numbers aren't higher," he says. (Read about a study on why older workers are happier...
...correction of the past two years, says Corbin. Also, many are concerned about cuts to Medicare, Medicaid and Social Security benefits and the solvency of financial institutions such as banks, insurance companies and brokerage firms. "All of that thrown into a pot gives a tremendous amount of uncertainty to older people," he says...
...original version of this article stated that the two older vaccines used in the new experimental AIDS vaccine were proven ineffective in previous trials. In fact, only one was proven ineffective, while clinical testing of the other vaccine was abandoned before reaching Phase III trials for efficacy...
Indeed, would-be writers have it particularly tough. One-time Greenwich studios now house upper-middle-class families; bohemian standby Village Voice has been bought out by New Times Media; college interns willing to work unpaid edge out older degree-holding peers insistent on a wage. Many successful journalists break into the business outside the Big Apple—either cub reporting at small-town papers or finding jobs abroad...