Ping.
I was fundamentally transformed from a 10 year full-time job to being a temp. Can’t live on it, but better than nothing.
Could be employers don’t want to hire as much from the “participation award” snowflake generation.
Happy talk to disguise the reality that folks in their 50s and 60s *have* to work because of Obamanomics and the young are getting doors slammed in their faces because too many are on drugs or don’t have a positive work history.
A nice scenario if you wanna make $15/hr screaming at Soros-financed protest rallies.
As I enter this group, I am actively sought by recruiters in consulting. However, want to start social security. Many friends are still working in their fields, only exception: my wife who was an RN. I find that the rigors of nursing make for on-time or early retirement.
Ok, well...
Now where is that arsenic I bought 7 or 8 years ago?
“The 55-and-older crowd is now the only age group with a rising labor-force participation rate,”
That happens after a decade or so of near zero interest rates because the governmental hog is so deep in debt that the Fed has to keep them near zero. The bastards have wrecked the economy and people are scrambling to find what they can do to survive.
But nice spin WSJ.
I work for a VERY large tech company here in CA.
At least 1/2 of workers and managers are over 50. Gray beards as far as the eye can see, knocking down substantial salary.
However, a large percentage of new workers come from other countries on H-1B.
And more than 60% of workers age 65 or older now hold full-time positions, up from 44% in 1995.
The WSJ is sooooo out of touch
Whoops.. misread article. Forget the arsenic.
Yeah I see them all the time at Home Depot, Walmart, Target, etc... Being 59 that scares me but if I lose my J O B I’m going to invest in myself (dye my hair) and go to Coder Camp:-)
WSJ lies. There are almost No jobs except mcD, taco stand, uber, and street-rioting / breaking windows for soroz.
I highly recommend the movie, “Company Men” to get a perspective on what is going on out there.
A Trump presidency is creating a deal of hope. I can feel it. I haven’t felt it since the Reagan years. I recently spoke with a friend who is a business owner in the construction field. He said the same thing and that other business owners he has spoken with have concurred. There is genuine excitement that our economy will improve.
This is true. Companies no longer believe that young people are the only people who know technology. Everyone knows it these days. Everyone has a computer.
There is also a cost benefit if you have a pension. Hiring someone at 55 means they only have 10 years vested at 65. That’s a cheaper payout.
my brother is 59 yo and a petroleum engineer. he was laid off by his [now bankrupt] employer, a well services company, in June. He had temporarily relocated to PA from Houston at their behest, but luckily did not sell the house in TX. He returned to Houston and was hired by a company in Houston and started at the end of October. I attribute it to the power of prayer; because of his age, I was concerned about him getting a new job.
I fit into this category. I had consulted for the government, biotech, tech both large and small, healthcare and tech startups and other business for about a decade.
At the young age of 54, I decided to reenter the work force due to various factors (e.g. clients slow to pay). I scoured the job boards, applied to 8 companies, got 6 phone screens, 5 on sites with 5 offers. I accepted an IT Director position at a 20 person startup. I was easily the oldest person at the company by 20 years. I hated being called “Sir.” We had a successful exit - sale of the company in 2015. During my tenure at the company, it allowed me to extend my personal network - mentor companies. Currently, I am a co-founder of a company hoping to release an integral product for Enterprises which will address a decades old computational issue.
I think the key is having a resume which fits the job description, be open to learning new stuff.
I work because I like to work, I do have hobbies. But, I’ve this huge desire to keep doing more.
Those older adults collecting Medicare are a plus to small businesses, since you don’t have to provide health insurance because they already get healthcare via the state.