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October 27, 2012

Profiteering on the Working Poor
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Who ever thought that the working poor would be big business? We’ll look at the fast-growing poverty industry, and why it’s rapidly growing. Plus, they should be in their peak earning years, but for many unemployed workers over 50, their biggest fear is that they’ll never work again. We’ll look at the reason why, and talk to an expert for some job hunting tips.
Episode Segments:
 
InfoTrak: Unemployed and Over 50
Many unemployed people over the age of 50 are worried that they may never be able to get another job. Carl Van Horn, PhD, expert on workforce, human resources, and employment policy issues, discussed the special challenges these job hunters face and the reasons why many of their concerns are valid. He offered suggestions for older people who are seeking work. He also talked about how this problem affects retirement planning and how government policies will need to adapt to help.
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InfoTrak: Profiting on the Poor
Gary Rivlin, author of Broke, USA: From Pawnshops to Poverty, Inc.—How the Working Poor Became Big Business talked about the flourishing poverty industry, which includes payday loans, cash-for-gold, rent-to-own, and pawnshops. He explained how entrepreneurs have turned the small pawnshop industry of yesteryear into huge, highly profitable corporations, by selling new high-priced services to the working poor. He believes that regulatory reform is needed to crack down on predatory business practices.
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InfoTrak: The New Rules of CPR
The American Heart Association just released new guidelines for cardiopulmonary resuscitation. Dr. Dana Edelson, Director of Clinical Research at the Emergency Resuscitation Center at the University of Chicago Medical Center , was a co-author of the updates. She outlined the major changes in CPR rules, and said chest compression should be the top priority in a cardiac emergency.
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Guest(s) Appearing on this Episode
Gary Rivlan
Gary Rivlin is the author of two acclaimed works of nonfiction, Drive-By and Fire on the Prairie: Chicago's Harold Washington and the Politics of Race, winner of the Carl Sandburg Award for Nonfiction and the Chicago Sun-Times Nonfiction Book of the Year. He has reported on city politics for The Chicago Reader and the East Bay Express. His work has appeared in many publications, including The Nation, Upside, In These Times, and the San Francisco Chronicle. In 1993, he received the San Francisco Bay Area Media Alliance's Print Journalist of the Year Award for his reporting on urban violence.

Click here to visit his website