Today is: Wednesday, March 10, 2021      |     Our next publication day: Friday, March 12, 2021

Older Workers: Joblessness and Dropping Out

by Teresa Ghilarducci at forbes.com

The Covid-19 recession, like all recessions, threatens the wealth and retirement security of millions of workers. Job loss prompts people to stop saving, raid their nest eggs or go into debt by falling behind on their rent and mortgage payments. Most workers nearing retirement had insufficient retirement savings even before the recession, and many planned to delay retirement and work longer to save more. But the Covid-19 pandemic and recession made that hopeful plan to work longer even more difficult…

    Even in normal times, the older workers have a harder time finding new jobs after leaving or being tossed out of work.

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Think ageism

is a U.S. problem?

Think again.

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Making a Noise

The International Journal

for Age Diversity

“Look for Skills, Not Credentials”:

Beth Cobert on Tapping into U.S. Talent

by Daniel Pacthod and Michael Park at mckinsey.com

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As one of only a few individuals ever to have held the title of chief performance officer of the United States, Beth Cobert knows all too well that the performance of an organization—or a country, for that matter—depends heavily on the skills and capabilities of its people. Today, finding and advancing solutions to build the skills of American workers is her primary focus.

Job Scams Are on the Rise —

Here’s How to Spot Them and Steer Clear

by Lisa Rabasca Roepe at themuse.com

…part of a growing problem. The Better Business Bureau (BBB) had already deemed employment scams the riskiest type of scam in 2018 and 2019. The onset of the coronavirus pandemic and the huge spike in unemployment that followed “has created a ‘perfect storm’ for scammers,” the BBB wrote in an April 2020 report, finding that the risk of job scams was continuing to trend upward.

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NIFTY TIP of the DAY

Look Around

Surveying the landscape of today’s job search

Much has been said about the changing landscape of today’ job search. What with LinkedIn, ATS (automated tracking systems), online jobs board, video interviews, etc., this is not the way you looked for a job when you first entered the workforce.

    That’s all well and good, but there’s more.

    Your Personal Marketing Collateral has changed as well. MORE

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Show your support for all the age 50+ job seekers.

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.

Coronavirus Affecting Your Job Search?

Nifty50s has accumulated job-search advice
that specifically addresses the Covid pandemic.

More Nifty Tips

We’ve been storing NiftyTips to assist you and for you to share.

Not finding what you’re looking for?
     Be sure to check out the Nifty50s archives.

More help for the 50+ job seeker:

 

Unemployment Data

for February 2021

National Unemployment Rate
6.2%

Unemployment Rate Age 50-54
5.4%

Unemployment Rate Age 55+
5.3%

Total Number of Unemployed

over age 50
2.8 million

Read more

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