Laboring longer a growing trend for Americans

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	Laboring longer a growing trend for Americans

bbking13

9-2-2008 10:35 AM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/bcc44447-9010-4631-b8a4-19559e0d96a7/3DDCCC3C-ACE7-494E-9D67-68414F7FD629/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.yahoo.com/s/ap/20080901/ap_on_bi_ge/working_longer" href="http://news.yahoo.com/s/ap/20080901/ap_on_bi_ge/working_longer" style="font-size: 11px;">news.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20080901/ap_on_bi_ge/working_longer"><H1>
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                                                						<A href="http://us.rd.yahoo.com/dailynews/ap/brand/SIG=br2v03;_ylt=ArE.X53luWrZb9fcbsF45vVv24cA/*http://www.ap.org"><IMG width="106" height="27" border="0" alt="AP" src="http://l.yimg.com/us.yimg.com/i/us/nws/p/ap_logo_106.png" /></A>
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                                        Laboring longer a growing trend for Americans                </H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20080901/ap_on_bi_ge/working_longer"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/news.yahoo.com/img/438BC673-8975-4141-9723-D3F597D449A0" alt="Melissa Fodor, right, who retired from her job as a travel agent but has been forced to re-enter the work force as a certified nursing assistant to make ends meet, checks the blood pressure of Lorraine Somme in her home in southwest Denver on Friday, Aug. 29, 2008. With Labor Day just around the corner, more Americans like Fodor are working past their typical retirement age since Social Security fails to cover their bills. (AP Photo/David Zalubowski)" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20080901/ap_on_bi_ge/working_longer"><P>While the average retirement age remains 63, that standard may soon be going the way of the gold watch — a trend expected to accelerate as <SPAN id="lw_1220291656_0" class="yshortcuts">baby boomers</SPAN> close in on retirement without sufficient savings.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20080901/ap_on_bi_ge/working_longer"><P>Twenty-nine percent of people in their late 60s were working in 2006, up from 18 percent in 1985, according to the <SPAN id="lw_1220291656_1" class="yshortcuts">Bureau of Labor Statistics</SPAN>. Nearly 6 million workers last year were 65 or over.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20080901/ap_on_bi_ge/working_longer"><P>Over the next decade, the number of 55-and-up workers is expected to rise at more than five times the rate of the overall work force, the BLS reported.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20080901/ap_on_bi_ge/working_longer"><P>In an April survey conducted for AARP, 27 percent of workers age 45 and over, and 32 percent of those 55-64 said they had pushed back their planned retirement date because of the <SPAN id="lw_1220291656_2" class="yshortcuts">economic downturn</SPAN>. The telephone poll by Woelfel Research interviewed 1,002 respondents and carried a sampling error margin of plus or minus 3.1 percentage points.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3DDCCC3C-ACE7-494E-9D67-68414F7FD629/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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