Members of Generation X believe they will need to save at least $1 million before they can retire. Who can help them save it?
NEW YORK, May 29, 2014 /PRNewswire-USNewswire/ -- As Asian American Pacific Islander Heritage Month draws to a close, the issue of discrimination against the group is alive and well in New York City, according to a new analysis on age discrimination by AARP.
Released today, the analysis finds that Asians report the highest percentage (37%) out of several major ethnicities (Black, Hispanic & White) in NYC when it comes to their, a family member or a friend not being hired for a job since hitting 50. For Asian women the issue is a particular problem, with the group citing age as an issue 43% of the time - a rate 13% higher than their male counterparts and 17% higher than the general 50+ population in the city.
Do you believe you, a family member or a friend have ever not been hired for a job because of age since turning 50? (% yes)
Asian: 37%Hispanic: 27%White: 25%Black: 24%
Total Asian: 37%Asian Men: 30%Asian Women: 43%
The Association says the clear disparity is something that warrants greater attention and is looking forward to working with city lawmakers on the matter.
The AARP analysis is based on a survey of 50+ voters in NYC, broken down by multicultural respondents and gender.
Follow us on Twitter: @AARPNY and Facebook: AARP New York
AARP is a nonprofit, nonpartisan organization, with a membership of more than 37 million, that helps people turn their goals and dreams into real possibilities, strengthens communities and fights for the issues that matter most to families such as healthcare, employment and income security, retirement planning, affordable utilities and protection from financial abuse. We advocate for individuals in the marketplace by selecting products and services of high quality and value to carry the AARP name as well as help our members obtain discounts on a wide range of products, travel, and services. A trusted source for lifestyle tips, news and educational information, AARP produces AARP The Magazine, the world's largest circulation magazine; AARP Bulletin; www.aarp.org; AARP TV & Radio; AARP Books; and AARP en Español, a Spanish-language website addressing the interests and needs of Hispanics. AARP does not endorse candidates for public office or make contributions to political campaigns or candidates. AARP Foundation is an affiliated charity of AARP that is working to win back opportunity for struggling Americans 50+ by being a force for change on the most serious issues they face today: housing, hunger, income and isolation. AARP has staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Learn more at www.aarp.org.
SOURCE AARP New York