Tag: mortgage

The unemployment rate has rocketed to double digits. But older workers’ struggles in the job market are not new. An Urban Institute study, reported here, estimated that about half of workers over age 50 left a job involuntarily at some point between 1992 and 2016 – a period that included strong economic growth and…

It was hard to miss the news last year that four out of 10 people couldn’t come up with $400 if they had an emergency. The coronavirus is that emergency – on steroids. A wave of new surveys asking Americans about their personal finances reveal the depth of a crisis that has suddenly befallen untold…