Today is: Friday, August 9, 2019      |     Our next publication day: Monday, August 12, 2019

As Job Market Slows, Risks For Older Workers Loom Large

by Christian Weller at forbes.com
 

The labor market is slowing. The trade wars are taking their toll on business investment, on economic growth and on hiring. Policymakers at the Fed are worried enough about the economy to cut their key interest rate for the first time in more than a decade. Older workers – those 55 years old and older – need the labor market growth to continue and are particularly vulnerable if the labor market slows further.   MORE  

Older Workers Offer More

by Charley Preusser at swnews4u.com
 

With the current full employment economy and the very large number of baby boomers reaching retirement age, there seems to be a growth in people working after 65.

    A review of some interesting statistics on the subject of older workers and some interviews on the subject with some local employers helped to shed some light on the situation.

    The fastest-growing segment of the American workforce is among employees age 65 and older, according to a recent CNBC story.   MORE
 

Who chooses to work past age 67?
Not only people with higher education choose to work longer. A recent research project on seniors in working life reveals several surprising findings.

by Ingrid P. Nuse at sciencenordic.com

People with higher education have the best health. They live longer than those with less education. They also get less tired at work and are sick less often.

    Statistics Norway and other studies have thoroughly documented this several times.

    So researchers at the University of Oslo thought that this more highly educated group would also last the longest in working life.   MORE
 

How To Use Google’s Job Search Feature To Land A Job

by Robin Ryan at forbes.com
 

When you sit down to job hunt, one of the first questions Baby Boomers ask me is what website I should go too? It would be great if everything was neatly in one site and that was all you had to check. Fortune 500 companies list their jobs on their website, and some companies only place listings for a few positions on other commercial sites, typically if they are seeking hard to find tech personnel. Many colleges and universities only use their website for advertising their jobs. Want a government job? Most city, state and federal jobs are listed on the actual city or the state’s website. Federal jobs can be found on the government's website.   MORE

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How Much?
What’s that job worth?
Look before you leap
 

The one question that loom largest for all job seekers who happen upon a possible opening is: How much? That is, how much does it pay?

    Sure there are questions involving the organization’s culture, the job description, the responsibilities, the co-workers and the supervisor. As important as those are, “How much?” remains as the overriding issue.

    So you found a job that interests you. How much does it pay? What is this job worth on the open market? There are a lot of ways to determine that. First, pay little, if any, attention to the job title. What’s really important is the job description and responsibilities. What most people find is that there a lot more discrepancy in pay among similar job titles, than there is among job responsibilities.

    Chances are that you won’t find a single, hard number. What you are more likely to find is a range, or some sources may post it as an average. You may also find substantial differences in pay among corporate, non-profit, government and education employers. This is one area where a rose is not a rose.

    Fortunately, in this – the Information Age, salary information can be found without too much difficulty. And much of it is online. You may try websites such as:
    • CareerBuilder
    • Glassdoor
    • Indeed
    • Monster
    • Payscale.com
    • Salary.com

    Historically, salary was the dominant consideration for most jobs. Now, there are many more factors in the equation. In addition to dollars, one also must consider: benefits, bonuses, vacation, education and/or professional development, etc. 

    So many questions and so little time.

Not finding what you’re looking for?
     Be sure to check out the Nifty50s archives.
Advice for job seekers over 50

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