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The suddenly hot job market for workers over 50...
The unemployment rate for those ages 55 and over is 3.2 percent as of February 2018, according the Bureau of Labor Statistics.
Annual growth rate in labor force by age, projected 2014 to 2024 (percent)
Age Group Percent Growth16-24 -1.4%
25-34 +0.8%
35-44 +1.0%
Find out what's happening in New Hope-Lambertvillefor free with the latest updates from Patch.
45-54 -0.8%
55-64 +0.6%
Find out what's happening in New Hope-Lambertvillefor free with the latest updates from Patch.
65-74 +4.5%
75- Older +6.4%
The highest projected additions to the work force will be ages 55 to 75 and older; 11.5% increase!
Examples of senior job growth opportunistic
Michele Meagher, age 66, appreciates the way she's treated as an older worker by her employer, Tufts Health Plan, a nonprofit health insurance organization in Watertown, Massachusetts.
A corporate communications specialist, she was hired when she was 61. She's able to telecommute three days a week. She participates in a weekly "Fit Over 60" exercise class at the office. Her employer has allowed her to take classes to learn new skills. Meagher said that when she previously worked at a high-tech public relations firm, she was one of the oldest workers. But at Tufts "I see me everywhere. I'm not a minority," she said.
Goldman Sachs' Returnship program allows the company access to a new type of talent pool: mature workers, said spokeswoman Leslie Shribman. It provides a 10-week training and mentoring program for those who have taken a career break of more than two years, equipping employees with skills to reenter the workplace. Of the 350 people who have completed the program, roughly half have returned to work at Goldman.
Reference:
https://www.cnbc.com/julie-hal...
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