Job Market Monitor
Older worker
Older Workers / Support can help
The older you are, the harder it is to get a job if you\’re unemployed. In 2013 the average length of unemployment for workers over the age of 50 was 53 weeks, compared to 10 weeks for teenagers, according to the United States Department of Labor. Helping older people who lose their jobs deal with … Continue reading
Crowding out younger workers ? / Older workers do not squeeze out younger employees research finds
Despite popular belief and media reports, there\’s no evidence that older workers who stay on the job longer squeeze out opportunities for younger employees. That\’s the conclusion of a comprehensive analysis and paper prepared by the Center for Retirement Research (CRR) at Boston College. While there might be some instances of older employees crowding out … Continue reading
US / Expected Retirement Age Continues to Rise
In 2013, 22 percent of all workers planned to postpone their retirement Continue reading
Australia’s Truckers / Twelve percent of the workforce is aged 60 years or older
With nearly half of the transport and logistics workforce aged 45 years or older, strategies are needed to transfer their knowledge and attract new entrants, the Transport and Logistics Industry Skills Council (TLISC) says Continue reading
US Older Workers / Simoneau’s story
Forty-four percent of jobless workers 55 or older had been unemployed for over a year in 2012. And while older workers have a lower unemployment rate overall, the ones who lose their jobs can find the long hunt for work unbearable.
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Germany / Poverty afflicts older ‘guest workers’
A newly published study indicates that today, more than 40 percent of migrants in retirement age are affected by poverty Continue reading
UK / 46% Believe that older workers should retire for younger finds survey
In the survey, 46 per cent of people agreed with the proposition that older members of staff should retire so that younger workers could have a genuine chance of promotion Continue reading
US / The Occupations with Oldest Jobholders
The Occupations with Oldest Jobholders in United States. Some professions naturally retain older experts – clergymen, for example. In other cases, professions are dying and unable to provide attractive opportunities for newcomers Continue reading
US/ Older workers underutilized or not ? It depends
In the U.S. non-federal sector, older workers are more likely than younger counterparts to report being able to put their best skills to use, a survey says. The Gallup-Healthways Well-Being Index involving 115,000 U.S. adults — including 8,000 who identified themselves as federal workers — was conducted Jan. 2-Dec. 30, 2012. About 85 percent of … Continue reading
Blatant age discrimination hurts employers, not just older workers
Is age discrimination a hushed secret or a blatant action by employers filling vacant jobs? Nick Corcodilos explains why the practice continues despite some companies’ worries that they are losing out on the institutional knowledge and experience that older workers can bring to the table. James — New York: Why aren’t you addressing blatant age discrimination? … Continue reading
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 … Continue reading
Europe / Older workers: Neither the Member States nor the Commission are in a position to establish results
Member States and Commission cannot assess if programmes actually help – say EU Auditors Increasing the employment rate of older workers is part of the EU’s strategic goals. But a new report by the European Court of Auditors has found that neither the Member States nor the Commission are in a position to establish how … Continue reading
Over 50 / The new ‘unemployables’
Unemployed workers in their fifties are increasingly finding themselves stuck in limbo. On one hand, they’re too young to retire. They may also be too old to get re-hired. Call them the “new unemployables,” say researchers at Boston College. Older workers were less likely to lose their jobs during the recession, but those who were … Continue reading
Older Workers / Strong decision-making skills study finds
While employers often tend to shy away from hiring older workers, they might want to reconsider if they’re looking for someone with strong decision-making skills, a new study finds. Research by the MetLife Mature Market Institute and the Center for BrainHealth at The University of Texas at Dallas revealed that older decision makers were more … Continue reading
David Frank, 88, Oldest Home Depot Employee
At 88 years old, David Frank is the oldest Home Depot employee in North America, and he’s definitely one of the sharpest tools in the box. Frank, who lives in Windsor and has worked at the Walker Road store for 11 years, said he doesn’t really see his part-time position in the hardware department as … Continue reading
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