National minimum wage is now $7.25
WASHINGTON As of July 24, the minimum wage was increased 70 cents to $7.25 per hour. While that may not seem like a lot of money to some, it will provide a much needed boost for many low-income older workers who are having trouble making ends meet. The number of older workers needing additional income continues to rise, in part because of the growing economic crisis. Some 64 percent of older workers cite financial need as the reason they continue working. They need income to support their families, pay for health care and maintain health insurance. The number of low income, older people at risk for homelessness has increased by 140 percent since January 2008. Over the past year alone, unemployment among people 55 and older has increased 115 percent. Among job-seekers 75 and older, unemployment has increased by 100 percent since June 2008. In Pennsylvania, many older workers are turning to Experience Works for assistance. Through the Senior Community Service Employment Program, Experience Works helps low income, older workers enter the workforce, secure more challenging positions, move into career areas or supplement their incomes. For information about the program visit http://www.doleta.gov/SENIORS/.