Tampa Bay Times: Tampa Bay’s Older Workers Among Those Struggling to Stay Afloat, Save for Retirement (December 22, 2020)
During the pandemic workers 55 and older lost jobs sooner, were rehired slower and face higher unemployment than mid-career workers ages 35 to 54. And the situation can be dire for working seniors with less retirement savings who are close to retirement or already retired. Justice in Aging Directing Attorney, Tracey Gronniger said, “Low-income older adults already are working with less savings, so losing their employment places them in financial danger. We’re seeing people who are being forced to make really important decisions about how they’re going to survive at a much earlier point in time than they expected.”