Working After Retirement

Do you plan to work after retirement as so many Americans are doing?  Many Americans who seek new job opportunities after they retire find it a bit harder than the younger workers.  It can take almost twice as long for people over 55 to find a job after retirement.  This person gives this advice, “If you want to work in retirement, don’t retire.” 

This article today offers some good information about older workers seeking jobs after retirement…

When older workers look for jobs, they may get as much respect as Rodney Dangerfield.

It often takes many weeks, or even months, for older workers to find jobs, distinctly longer than their younger counterparts. In 2006, for instance, workers age 55 or older spent an average of 22 weeks looking for work. That was down from 24 in 2005, but still far longer than the 16-week job hunts of workers under 55, according to the Bureau of Labor Statistics.

In the same vein, a study by the Center for Retirement Research at Boston College, sampling employers in Massachusetts and Florida, found that younger workers were about 40 percent more likely to be called in for job interviews than were candidates 50 or older.

Difficulties persist for older job seekers, even as a growing number of companies encourage their employees to stay on by offering phased-in retirement and part-time work. The tightening labor market has not helped. Nor have warnings by some experts of a potential shortage of new workers. And the problem is likely to become more apparent as more baby boomers reach retirement age.

If you want to read more, you can view the complete Kamaron Institute Job Market article by clicking the following link:

http://kamaroninstitute.blogging.com/blog/_archives/2007/5/22/2971201.html

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