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US / More older Americans and retirees working seasonal and temp jobs

Many older Americans and retirees are now working temporary and seasonal jobs as well as project assignments.

There is a big demand in this area as employers generally do not have to pay benefits and the costs of off boarding are minimal by comparison to having to let a full-time person go. Any time employers find hiring from a certain area is more cost effective, you can be sure this area will be given a great deal of attention.

Research has shown that the profitability per employee has risen substantially during the past five years and much of this is due to employers increased hiring on a temporary or project basis.

The percentage of the workforce that is temporary has increased from around 17% in 2009 to 25% in 2012. Because of this increase, there are many more temporary jobs or project assignments available to job seekers of all ages. These kinds of jobs are particularly attractive to older workers, though, as benefits are not as necessary as they were when these workers were still raising a family and before some could take advantage of Medicare.

Chosen excerpts by Job Market Monitor

Market Watch

via Seasonal and temp jobs for retirees – MarketWatch.

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