Reported 8 months ago
The article discusses how Wall Street wants older Americans to work longer to avoid an impending retirement crisis, as proposed by BlackRock's CEO, Larry Fink. However, the reality is that many older people are unable to find employment due to age discrimination in the workforce, despite legal protections. Studies have shown significant age bias in hiring practices, with companies preferring younger candidates. The article highlights the challenges faced by older workers in saving for retirement and finding employment, emphasizing the need to address systematic barriers in the current economic landscape.
Source: YAHOO