Today is: Wednesday, February 17, 2021      |     Our next publication day: Friday, February 19, 2021

Older Workers Are Being Pushed Out Of The Job Market

by Jack Kelly at forbes.com

A Bloomberg columnist highlighted what we’ve been seeing in the job market, but no one wants to openly talk about: “people 55 and older [are] leaving the labor force.” 

    The number of people over the age of 55 who are participating in the workforce is down by 2 million, compared to pre-pandemic levels. The Great Recession of 2008 didn’t even result in this huge of a loss of senior, experienced workers.

Over 50s Increasingly Concerned

That Their Job Prospects Are Dismal

by Natasha Oppenheim at thehrdirector.com

A recent survey of older jobseekers and workers has found that they are strongly disillusioned by their near-term employment prospects, primarily due to the devastating effect of the Covid pandemic on the economy, in combination with their “age disadvantage.” This is compounded by the lack of support on offer to older workers – especially from government – to help them re-enter the workforce, such as training or mature internship schemes.

Steps for Successful but Unhappy Professionals

to Find Meaning

from ivyexec.com

Many job seekers find themselves scrolling through endless online career sites looking for a new role. However, this rarely results in landing the job of your dreams. Consider taking these actionable steps to find more rewarding employment opportunities.

NIFTY TIP of the DAY

Of Course You Do

In today’s competitive job market, expectations are running high

No one likes to be taken for granted – least of all older job seekers in the midst of a job search. MORE

More help for the 50+ job seeker:

Think ageism

is a U.S. problem?

Think again.

Web header pic v3.png

Making a Noise

The International Journal

for Age Diversity

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.

Unemployment Data

for January 2021

National Unemployment Rate
6.7%

Unemployment Rate Age 50-54
4.9%

Unemployment Rate Age 55+
5.3%

Total Number of Unemployed

over age 50
2.7 million

Read more

nifty50service@gmail.com

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