Today is: Friday, May 29, 2020 | Our next publication day: Monday, June 1, 2020
A Devastating Jobs Report For Older Workers
by Teresa Ghilarducci at forbes.com
“Jobs Friday” is usually a nerdy day for financial types and economists only. But everyone was watching the most recent jobs report. I had a big drink and told my family to remember May 8. For labor economists, it will be a day to remember. For the first time, even the teenagers really listened.
On Jobs Friday I look for older workers. The COVID-19 recession is causing a special type of hardship for this group… Most workers are waiting for the economy to open, but older workers don’t get re-hired as quickly and some are forced into early retirement. MORE
Transitioning Careers at 40?
Tips for Your Mid-Life Career Change
By Molly Nevins at jobscan.co
In the US, the average age of retirement is 65 for men and 63 for women. That means that at 40, you’re about halfway through your working years. Abandoning your current career can be both financially and psychologically challenging.
You also may have more financial responsibilities than you did in your thirties. If you have children, you may be considering how you’ll pay for their college tuition. You may have a mortgage. You’re likely contributing to a retirement account. MORE
Job Hunting? Beware Of Ghost Jobs
by Robin Ryan at forbes.com
Janet, 57, is a technology manager and a career counseling client who recently lost her position when the company decided to eliminate that sector of their business. We were developing her resume, and she asked me about a job she wanted to apply to. So as I reviewed the opening, I brought up the fact that I thought it was a ghost job. “Ghost job,” she said. “What is a ghost job?” I explained that before the coronavirus, it was employees and job candidates that were ghosting employers. They would talk to the employer about a job, and the prospective candidate would set up an interview. But then the candidate would never show up for the appointment. Worse than that, would be job applicants that were offered the job, and accepted it, then failed to show up for the first day of work. Now, something different is happening. Career Counselors and job hunters alike are reporting that there are many ghost jobs out there. By this, we mean an employer has listed a job they are no longer hiring for.
How to Ask for a Job—Without Asking for a Job
by Ashley Stahl at themuse.com
Whoever came up with the old saying “searching for a job is a full-time job” wasn’t kidding around.
For most job seekers, finding employment means submitting applications until your fingers ache from typing and your brain hurts from churning out search terms. It means job fairs, countless applications disappearing into cyberspace, and listening to hours of unsolicited advice from friends and family, many of whom probably tell you that you need to be more aggressive in your networking.
But does that mean you’re supposed to come right out and ask anyone and everyone you meet get you a job? Absolutely not.
Pass it Along
If you attend networking events and go to jobs clubs, you’ve been meeting other job seekers just like you. Mention the Nifty50s to them and encourage them to visit as well. You’ll be helping them and you’ll make an appreciative friend for yourself.
In What Direction Are You Looking?
Potential employers are more concerned with where you’re going than where you’ve been
When most people sit down to write a resume, they begin with their past work experience. On the one hand, especially for the 50+ job seeker, that makes a lot of sense. After all, typically your strong suite is your experience. That’s one of the major strengths that you’re bringing to the table so there is a line of thinking that says lead with your strength.
Similarly, when job seekers begin developing their LinkedIn profiles they immediately resort to listing something on their most recent jobs – the industry, the company, the job title, etc.
While this all may sound logical and straightforward, as is often the case, reality has a way of telling a very different story.
In a nutshell, in today’s digital job search world, it’s more important to promote what you do and you’re looking for in the future as opposed to where you’ve been in the past. This is especially true on resumes and LinkedIn profiles. During the first reading, the person reviewing your documents – regardless of who that person tends to be – will spend slightly more than seven seconds scanning your background according to a study recently released by ladders.com.
Let’s face it, your next employer is far more interested in what you can do for them in the future than what you’ve done for someone else in the past. And since, you only have about seven seconds to grab their attention, you had better make a strong case for yourself, and a significant part of that self-promotion is what you’re capable of and where you see yourself landing – professionally.
Granted, that’s not the only thing employers are seeking – and it may not even be the most important thing for which they’re looking – but signaling to them what you can do and where want to go rather than where you’ve been, can be one more thing that will separate you from the pack of other candidates.