Today is: Wednesday, May 12, 2021      |     Our next publication day: Friday, May 14, 2021

Contrary to Popular Belief,

Middle-Aged Entrepreneurs Do Better

by Alex Maritz at theconversation.com

Bill Gates was 21 when he and Paul Allen registered Microsoft. Steve Jobs was 22 when he and Steve Wozniak launched Apple. Mark Zuckerberg started Facebook in his Harvard dormitory.
   The biographies of these tech billionaires who achieved great success in their twenties has helped cement the perception that entrepreneurship is a young person’s game.
   Not true. Such stories are the exception rather than the norm.

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6 Subtly Ageist Email Phrases You Need to Pay Attention to

by Sara London at theladders.com

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According to the 2019 Hiscox Ageism in the Workplace Study, one out of every five American workers over the age of 40 reports that they’ve faced age-related discrimination. As unfortunately, this form of bias is more prevalent than ever, one should be on the lookout for subtle displays of it in the workplace – especially in something as innocuous as an email.

Demographic Trends for the 50-and-Older Work Force

by Jill Mislinski at advisorperspectives.com

Our earlier update on demographic trends in employment included a chart illustrating the growth (or shrinkage) in six age cohorts since the turn of the century. In this commentary, we'll zoom in on the age 50 and older Labor Force Participation Rate (LFPR)…
   The overall LFPR peaked in early 2000 at 67.3% and gradually began falling. The rate leveled out from 2004 to 2007, but in 2008, with the onset of the Great Recession, the rate began to accelerate. The latest rate is 61.7%. The demography of our aging workforce has been a major contributor to this trend. The oldest Baby Boomers, those born between 1946 and 1964, began becoming eligible for reduced Social Security benefits in 2008 and full benefits in 2012. Job cuts during the Great Recession certainly strengthened the trend.

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NIFTY TIP of the DAY 

Crib Notes

In a job interview, you can’t write these down

Preparing for a job interview can be arduous, intense and sometimes frustrating experience. There is so much to learn, so many questions for which to prepare, so much to anticipate. MORE

Job Interview

More help for the 50+ job seeker:

Think ageism

is a U.S. problem?

Think again.

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Making a Noise

The International Journal

for Age Diversity

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.

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.

Coronavirus Affecting Your Job Search?

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

 

Unemployment Data

for April 2021

National Unemployment Rate
6.1%

Unemployment Rate Age 50-54
5.0%

Unemployment Rate Age 55+
5.0%

Total Number of Unemployed

over age 50
2.7 million

Read more

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