From the May 2009 issue of Boomer Market Advisor • Subscribe!

Bill creates boomer jobs at nonprofits

Lawmakers are hoping nonprofits will spur second careers for boomers. Congress passed the Edward M. Kennedy National Service Act in March, which will help stimulate employment in nonprofits already in need of manpower. The size of AmeriCorps alone -- which helps link volunteers with local projects -- will triple from 75,000 slots to 250,000, according to the Wall Street Journal. President Obama is expected to approve the bill by time of print.

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