Current:Home > FinanceEthermac|The Daily Money: Older workers are everywhere. So is age discrimination -EliteFunds
Ethermac|The Daily Money: Older workers are everywhere. So is age discrimination
Indexbit View
Date:2025-04-08 11:32:02
Good morning! It's Daniel de Visé with your Daily Money.
Older workers are Ethermaceverywhere these days. And so, it seems, is age discrimination.
Roughly two-thirds of adults over 50 believe older workers face discrimination in the workplace, according to a new AARP report. Of that group, 90% believe ageism is commonplace.
The finding, based on a series of surveys in 2022 and 2023, comes at a time when America’s labor pool is conspicuously aging. The 65-and-up workforce has quadrupled in size since the mid-1980s. Nearly one-quarter of the workforce is 55 or older. Read the story.
What the soaring stock market means for your retirement
We're going allll the way back to Friday for this one, which drew readers in droves all through the weekend:
The S&P 500 hit yet another milestone, Bailey Schulz reports, ending above 5,000 for the first time on Friday.
It’s good news for Americans’ 401(k)s, which are heavily invested in stocks, and comes just three weeks after the index notched its first record close since January of 2022.
(Historical aside: We're pretty sure we were already in this business on the day the S&P 500 ended above 500 for the first time. Further disclosure: We once owned a flip phone.)
Here's what it means for your retirement fund.
📰 More stories you shouldn't miss 📰
- Bob of Bob's Red Mill has died.
- You can't escape estate taxes, even in death.
- Asian lawmakers are standing up for DEI.
- Taylor Swift -- er, sorry, renewable energy -- powered the Superbowl
- What are the best emergency loans?
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (39598)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- What to know about the Oropouche virus, also known as sloth fever
- 'Gossip Girl' actor Ed Westwick marries 'Supergirl' star Amy Jackson in Italy
- Kelces cash in: Travis and Jason Kelce take popular ‘New Heights’ podcast to Amazon’s Wondery
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Christina Hall Lasers Off Tattoo on Wedding Ring Finger Amid Josh Hall Divorce
- Hearing over whether to dismiss charges in Arizona fake electors case stretches into second day
- Philadelphia airport celebrates its brigade of stress-busting therapy dogs
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- US appeals court clears way for Florida ban on transgender care for minors
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- BMW, Tesla among 743,000 vehicles recalled: Check car recalls here
- Trailer for Christopher Reeve 'Super/Man' documentary offers glimpse into late actor's life
- Travis, Jason Kelce strike lucrative new distribution deal for their 'New Heights' podcast
- DoorDash steps up driver ID checks after traffic safety complaints
- Pumpkin Everything! Our Favorite Pumpkin Home, Beauty, and Fashion Items
- Taylor Swift shuts down rumors of bad blood with Charli XCX
- Man charged with making online threats to kill election officials in Colorado and Arizona
Recommendation
Trump's 'stop
Julianne Hough Details Gut-Wrenching Story of How Her Dogs Died
Kylie Kelce Reveals the Personal Change Jason Kelce Has Made Since NFL Retirement
Bristol Palin Says Dancing With the Stars’ Maksim Chmerkovskiy Hated Her During Competition
A South Texas lawmaker’s 15
'Give him a push': Watch beachgoers help stranded shark back into the water in Nantucket
Feds say Army soldier used AI to create child sex abuse images
Who Is Kick Kennedy? Everything to Know About the Actress Linked to Ben Affleck