"I'm not going to sit on my laurels and say I was an executive
making six figures and traveling the world,” 77-year-old Tom Palome
says, "I tell people I demonstrate food and I do short-order cooking. I
don’t mind saying it. What's important is that I can work today."
As Bloomberg reports, the former
vice president of marketing for Oral-B juggles two part-time jobs: one
as a $10-an-hour food demonstrator at Sam’s Club, the other flipping
burgers and serving drinks at a golf club grill for slightly more than
minimum wage; a sad but all too real reflection of the new normal 'job' gains that our economists and politicians love to crow about.
Why is he still working? Like most Americans, he didn't save enough for
retirement (despite working hard his entire career). About 7.2 million
Americans over 65 were employed last year, a 67% increase from a decade
ago as 59% of households headed by people over 65 have no retirement assets.
(Click link below to read more)
READ MORE
Sphere: Related Content
About Me

- Judy Chaffee
- This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.
Tuesday, September 24, 2013
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment