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The United States workforce, battered by an economic slowdown, now includes a record number of workers who are involuntarily working part-time due to reduced hours or the inability to find a full-time job. Hourly workers -- the majority of the w...
Baby boomers will increase Medicare and other medical expenditures as they age but not nearly as much as some analysts have feared, according to a new study. The study, which appears in the January issue of the Journal of Gerontology, suggests that by living longer, many baby boomers will pass the ages at which the most "heroic," and hence expensive, efforts are made to prolong their lives. Once members of that generation survive into their mid-80s or so and beyond, many medical procedures will become too risky for their older bodies and will be avoided in many cases.