It's tough out there for baby boomers out of work, especially older ones.
Data from Sentier Research reveal that Americans between the ages of 55 and 64 have seen their median income decline by 7% in the post-recession years, which Sentier defines as 2010-13. In dollars and cents, boomers in that age group saw their average annual incomes slide to $58,432 from $62,842.
That slide grows sharper for the number of 50-plus Americans who are either out of work, working part time or working full-time jobs that don't pay enough to keep up with household bills and let workers save for a secure retirement.
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Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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