Job Market Monitor
older workers
Older Workers / 11 Ways companies get rid of them
Companies looking to ditch older employees can be creative in the ways they try to avoid age discrimination claims. Here are 11 of their sneakiest ploys Continue reading
After the Recession in US / More seniors and and fewer 18- to 29-year-olds in workforce
As the U.S. economy continues its sluggish recovery from the recession and global economic crisis, more seniors and fewer young adults are in the workforce now compared with 2010 Continue reading
Older Workers in US / Attitudes on work and retirement
The line between working and retirement is shifting for many americans ages 50 and older, with some currently or expecting to continue working for pay during retirement Continue reading
A young Max and a middle-aged Max can get away with saying things that an old Max cannot
A new study by Princeton researchers finds that a young Max and a middle-aged Max can get away with saying things that an old Max cannot Continue reading
Near 46% of young workers feel older colleagues should retire younger
Almost (46%) of young workers agree that older employees should retire younger as they pose a threat to younger workers’ career progression, a survey from KPMG reveals Continue reading
Carlos Slim praises older workers
Billionaire Carlos Slim, age 73, says workers—those in developed economies, anyway—are at their prime in their 60s and there is no reason for them to retire. “When you have an industrial economy like in the past where people … do a lot of physical work and people live less years, it’s OK to retire at … Continue reading
Older workers / Half of a Boston company’s workforce is part-time senior citizens
Half of a Boston company’s workforce is part-time senior citizens, countering myths about value of older workers. No Freedom 55 here. When a special order comes in that calls for a steady hand and a sure eye, the work at Vita Needle often goes to a machine operator called Bill Ferson. For the past 25 … Continue reading
Canada / Job gains: thanks to older workers
Sometimes age and experience can pay off. In Canada, as in many other countries, an aging population can face financial uncertainty as it heads toward retirement. But for now, older workers are in big demand in the workplace. Canada’s see-sawing labour force swung back into job-creation mode in February, with a net 50,700 people finding … Continue reading
Age Discrimination in Startups
On Sunday, Scott Kirsner’s Boston Globe column raised the issue of age discrimination and startups, collecting a laundry list of reasons why many young, innovative companies are subtly (or not so subtly) biased against older workers. He concludes: Ten years ago, if there was a bias evident in the Boston start-up scene, it tilted toward companies run … Continue reading
Jobless Americans in their 50s and 60s apply their talent and experience on toughest problems
The plight of jobless Americans in their 50s and 60s is well documented, and it deserves attention. But there’s a different, more optimistic story unfolding. A small army of baby boomers is hitting midlife eager to apply their talent and experience to solving some of our country’s — and the world’s — toughest problems, from … Continue reading
Switzerland / Better to be young when laidoff
What happens to people who lose their job in mass redundancies in Switzerland? According to a Lausanne University study, most people find another position quickly – unless you are in the last phase of your working life. Switzerland has one of the lowest unemployment rates in Europe – 2.9 per cent on average in 2012. … Continue reading
UK / Training Older Workers / 92% of employers don’t invest in training of over 60
A recent poll of UK CEOs has uncovered a worrying neglected generation of older workers. This new research, commissioned by Skillsoft, reveals that 92% of UK business leaders openly admit they don’t invest in training and development for employees over the age of 60. With many employees now choosing to work past the traditional retirement … Continue reading
US / 75 and older still working has skyrocketed by 76.7%
The number of workers who are 75 and older has skyrocketed by 76.7% in the past two decades, according to research by the AARP Public Policy Institute. “We are living longer, healthier lives,” says Kerry Hannon, author of Great Jobs for Everyone 50+. “And the types of work that people do is not as labor … Continue reading
Great Recession Fifth Anniversary: The case of Older Workers
December 2012 marked the fifth year since the official onset of the Great Recession in December 2007 and more than three years since its official end in June 2009. What does the picture look like for Americans aged 55 and older today? More older people are in the labor force, either working or looking for … Continue reading
Work Stress / Associated with heart problems for older workers
Work stress has been linked to an increased heart attack risk in older men, according to new research. A study published in Occupational Medicine found that older men with stressful jobs and little power to make decisions were at a higher risk of heart problems than their counterparts with less job strain. In fact, older … Continue reading
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