older workers

As the unemployment rate for older workers rises, discouraged job seekers are giving up on finding work and calling themselves retired.

A new study says America's elderly are in a tough spot when it comes to finding work, and that's leaving many of them vulnerable.

Jeff Tyler reports.

The partnership will provide additional support for grantees of the Department of Labor's Aging Worker Initiative, which is designed to train older workers for jobs in high-growth, high-demand industries....

Retirement dreams are quickly fading for thousands of older workers, as the severe market losses that ravaged once-healthy retirement accounts over the last year force many seniors work longer.

Whether through desire or necessity, more older workers are staying in their jobs longer or returning after retiring.