The Unemployment Rate Among Older Adults Is Skyrocketing -- Here's What to Do if You Lose Your Job

Nearly 3 million Americans filed for unemployment benefits in early May due to the coronavirus pandemic, the Department of Labor reported, bringing the two-month total to around 36.5 million unemployed.

While workers of all ages have been affected by layoffs and furloughs, older workers might be particularly vulnerable. And although job loss at any age can be devastating, losing your job later in life can potentially wreck your retirement plans. Here's what to do if it happens to you.

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