Where The Jobs Are: "55 And Older"

Zero Hedge ^ | 01/04/2013 | Tyler Durden

[SeekAndFind]

A good jobs report? Sure, if one is 55 and over. In December the American jobs gerontocracy continued its relentless course, and as the two charts below summarize since Obama's first term, some 2.7 million jobs in the 16-55 year old category have been lost. The "offset": 4 million jobs for Americans between 55 and 69. For all those young people graduating from college (with $150,000 in student loans) who are unable to get a job, here is our advice: tell your parents, and grandparents, to retire already. Oh wait, they can't because Bernanke destroyed their savings. Oops - better luck next time.

Job "gains" for all Americans 54 and younger vs those 55 and older:

And the same broken down by segment:

Source: BLS

[WKUHilltopper]

Actually it was “don’t trust anyone over 30”.

[JCBreckenridge]

“We just hired a 20 something with a Graphic Arts degree to help with the paperwork. He has never worked in his profession and was pushing a delivery cart around our building. He lives with his parents and seems to spend all his time playing online video games. He has done nothing but whine since he came in the office about how things weren’t ‘set up’ for him when he got here. It seems he’s bitching about having to do things for himself. He’s also amazingly out of shape for someone so young.”

So this one young man represents all of us?

I’ll tell you about one older fellow I worked with. Used to work in a bindery - not great work, but you have to eat.

We had a quota. Quota was 7 carts (we loaded our stuff up on carts to keep track). He did 3. Everyday, he did 3.

I remember him, because he used to sit next to me. He used to complain endlessly, telling me to slow down, because if I worked hard, it meant he got paid less. I did 20+ carts in a day. Got paid the same.

Why wasn’t he fired - he’d been with the company forever. Pink slips rolled around guess who didn’t stay on, because he was the last hired? :)

[JCBreckenridge]

“Actually it was “don’t trust anyone over 30”.”

Speaks volumes doesn’t it. When the boomers were young - they had an excellent economy built up by the hard work of their parents.

What are they handing off for the future? It doesn’t look pretty does it? It’s not the kid’s fault for all the debt racked up under Clinton and Bush and now Obama. America has gone from having a strategic advantage over most nations, to a strategic disadvantage.

The debt now is as high as it has ever been, save 1946, the year after the war. What did the parents of the boomers do? They actually cut the size of the government.

Look at what Boehner, what Pelosi, what Reid just did now. Did they have the leadership that we saw in ‘46? Or did they kick the can down the road.

[cherry]

I'm 59 and there are several nurses older than myself....ours IS a physical job....

I will tell you what...our age group doesn't get the colds and flu etc like the younger people...maybe its because we can put up with more tiredness, aches, pains, etc.....we seem to have a little bit more stamina....

[cherry]

we’ve hired many new, young nurses at my hospital...all from expensive 4 yr universities.....I have to tell you that these young women are terrific....its nice to see...they work hard..

[dljordan]

“So this one young man represents all of us?”

Actually no. We just lost a 24 YO that was the best but he is one out of four. The other were to lazy to work and were fired.

[Ol' Sox]

"The “self proclaimed” entitled and “every one gets a trophy” generation"

At work, we call these kind of kids "The Eloi".

[JCBreckenridge]

So now we get the truth. :)

[dljordan]

“So now we get the truth. :)”

Yeah, one out of four ain’t bad, leaving out the two that we asked that said we ‘work too hard’.

[SVTCobra03]

What did the parents of the boomers do? They actually cut the size of the government.

It was the boomer parents that voted for LBJ and his Great Society. Nice try, though.

[ex91B10]

Well, if you start hearing air raid sirens, act quick!

Impeach the kenyan or secession.

[dalereed]

My wife still enjoyes doing inventory at 74!

I still do construction work at 75.

Retirement is for dead people!!

[Mears]

“unlikely to be in a caregiver role and drop everything to take care of a sick kid”

—

No,but when I was in my 50s I had to take time off to care for my mother.

.

[steve86]

I will tell you what...our age group doesn't get the colds and flu etc like the younger people...

We've acquired a good number of antibodies along the way!

[JCBreckenridge]

Boomers have been in power now the last 24 years. Boomer parents gave us Reagan. Boomers gave us Obama.

[JCBreckenridge]

Really? Sounds like they learned that from older folks like the fellow I worked with who said the same thing.

Perhaps you should hire better people next time.

[SVTCobra03]

I am a boomer and I voted for Reagan, so you are full of it.

[meyer]

Think about it - what age group is the most likely to have a strong work ethic? Considering the mush-heads that come out of some high schools today, and considering the voting ethic of the younger adults, can there be any doubt that the older people are more likely to put in a day’s work for a day’s pay?

Consider also, experience. Fresh out-of-college may be smart, but 30 years in the field is smarter, and more equipped to handle the job right from the start.

[eyeamok]

With all due respect, you might want to reconsider making the age of 40 years your cutoff point. A few years back I decided to change the way I view people after all the stupidity I see on a regular basis, mostly by younger people than myself, I am in my 50’s. I realized that If I “assume” everyone I come in contact with that appears to under 40 is dumber than dirt and one of the proudest morons I have ever met, and the only thing they can do competently is put a condom on in the dark. Ya know I am right more than 90% of the time, never disappointed anymore and once in a while I actually meet someone that has a clue.

[who knows what evil?]

Your post is spot on. By and large; older employees are the best.