Job Market Monitor
Older worker
Older people and employment in Scotland – The inequality of opportunities between different groups
Population ageing will increase pressure on governments to balance expenditure on the older population with tax revenues. However, this demographic change can offer a range of opportunities to support longer and more fulfilling working lives for those older people who want or need to continue to work past retirement age. This qualitative study is the … Continue reading
Older Workers in Europe – A significantly larger increase in employment than the one observed for the general population (1997‐2011)
European welfare states are under stress: demographic and social changes are leading to increasing demands in terms of expenditures at a time when the population in working age is shrinking. In the face of this observation, academic economists have been promoting the idea of increasing the employment rate of the elderly as one key policy … Continue reading
Older Long-Term Unemployed – What HR recruiters say
In confidential interviews, HR recruiters have told me that in the absence of a referral, older long-term unemployed job seekers often face an uphill battle when competing with currently-working younger applicants. Research confirms that the likelihood of an employer inviting a job seeker for an interview is lower for someone with relevant experience but long-term … Continue reading
Delayed Retirement – 34% of workers under 40 believe it is restricting their career opportunities Towers Watson finds
Retirement patterns are changing in the U.S. and in many other countries as well. During the mid-to-late 20th century, labor force participation rates dropped for older workers and rose for younger ones. These trends have recently reversed, especially among men and younger workers. The reversal is expected to continue, according to Towers Watson’s 2013/2014 Global … Continue reading
Over-65s in UK – More than one million are working
The number of employees over the age of 65 has jumped 36% to 1.09 million since 2010, according to research by Saga. The Coalition abolished the default retirement age of 65 when it came to power, which has led to the proportion of over-65s in the workforce increasing from 3.4% to 3.6% over the past … Continue reading
Finland – Older Workers facing a growing risk of unemployment as they age
A fresh batch of data from Statistics Finland shows seniors facing a growing risk of unemployment as they age. A Tampere University researcher says the reason for the trend could be the constantly rising lower age limit for pre-retirement unemployment benefits. Employment data show that the age at which over-50 year olds face the risk … Continue reading
Young and Old Workers in the Workplace / New York City’s age-smart designation
New York City’s age-smart designation is about identifying businesses in which a multigenerational workplace boosts the bottom line. Last week, Settepani was honored with aninaugural Age Smart Employer award from the city. The other winners includedMontefiore Medical Center, Pfizer (PFE), and Renewal Care Partners, a long-term care business started by two recent MBAs. The idea, funded by the Alfred … Continue reading
Older Workers in France / More should be done to promote quality jobs says OECD
Promoting quality employment for older workers is crucial to boosting growth and ensuring a financially sustainable pension system, according to a new OECD report on ageing and employment policies in France. Working Better with Age in France emphasises that the transition from employment to retirement comes especially early and poses problems for many older workers. … Continue reading
Older Workers in Canada / Over one-half of workers aged 55 to 64 who left long-term jobs between 1994 and 2000 were re-employed within a decade
Many older workers who leave long-term jobs do not fully enter retirement. In fact, over one-half of workers aged 55 to 64 who left long-term jobs between 1994 and 2000 were re-employed within a decade Continue reading
Age Discrimination Is On The Rise / Is 50 the new 65 ?
In every corner of America, millions of people are terrified of losing their jobs and falling into financial ruin. Men and women with impressive professional achievements and credentials are being let go, nudged out and pushed aside. They are pounding the pavement and scouring the job sites, but find themselves turned away even for the … Continue reading
Managing Experienced Employees / 12 Tips
1. Value the Gifts 2. Acknowledge Experience 3. Appreciate All Contributions 4. Stay Humble 5. Elicit Feedback 6. Be Honest 7. Listen 8. Leave Room for Surprises 9. Know What Motivates Them 10. Enable Them 11. Honor Experience 12. Debate With Them Chosen excerpts by Job Market Monitor. Read the whole story at via 12 Tips … Continue reading
Unemployed Older Workers in US / One’s past hard work and successes can become the very thing that keeps one from finding a new job
There are currently more than 4 million Americans who have been unemployed for 27 weeks or more. This figure doesn’t include those who work part-time or on contracts — or those who, discouraged, have simply stopped trying. Many of them are older and well educated, and their situation doesn’t seem to be improving despite America’s slow … Continue reading
Older Workers / How long do older unemployed workers conduct their job searches before deciding to retire ?
Unemployed people who have these resources retire more rapidly than those who cannot afford to do so, regardless of their job prospects. The results suggest that for job separations that do not lead to an immediate retirement, about half of the jobless spells end in retirement and half in re-employment. Among jobless spells that do end in retire- ment, most do so within a year after separation. Continue reading
Older employees have lower health risks study finds
Despite being twice as old as those in their 30s, 60 year-old employees have lower health risks, findings from PruHealth suggest Continue reading
Older workers in the New Jersey labor market
Marie Mathis of Boonton, an award-winning marketing pro, finds herself in a predicament. In the three years since she was downsized, the 48-year-old has upskilled, consulted, freelanced and done contract work. These days, she holds a marketing position for a start-up technology company. Staff meetings are in Starbucks. Mathis loves the work — except for … Continue reading
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