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July 14th, 2009

Job Hunting Tips for Those over Age 50



We recently heard a story about a 57-year-old employee at one of the nation’s major newspapers who believes his job is in jeopardy (that’s certainly nothing new). This employee has already survived one round of buy outs, waves of layoffs, and is currently dealing with unpaid furloughs, a depleted staff, and the ever-present notion that his job may not be there for him and his family tomorrow.

For “older” Americans who are about to re-enter the workforce, the thought of looking for a new job can be a frightening one. Employers in today’s job market tend to be more willing to hire younger workers — even though they may lack experience — than hire older workers who are used to making a larger salary. The number of unemployed workers over age 55 is at its highest point in history:

According to the Labor Department, the June unemployment rate for those 55 and older hit 7%–the highest on record. That’s bad news for seniors who are out of work or being forced to re-enter the work force to make ends meet.

Ken and Daria Dolan, known as “the first family of finance,” have shared several resources for 50+ Americans who are re-entering the workforce:

RetirementJobs.com is a website that specializes in helping Americans over the age of 50 find work. “…our goal is to identify companies most-suited to older workers and match them with active, productive, conscientious, mature adults seeking a job or project that matches their lifestyle. Whether you are here seeking to supplement your income, a new challenge, a way to get out and meet people, or another reason, welcome!”

MatureResources.org is a site that, among other things, provides baby boomers with financial and retirement planning advice. It also provides job opportunities through their Business Directory.

AARP.org is a site where 50+ Americans will find plenty of financial and employment advice. “As the nation’s largest membership organization for people 50+, AARP is leading a revolution in the way people view and live life after 50.”

Seniors.gov offers older Americans countless resources, from employment to money to cultural and health information.

The Dolans also suggest reading Arthur Kuman’s book “Jobs for People over 50: 101 Companies That Hire Senior Workers“.

Click here to find out more retirement advice from the “first family of finance”.

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3 Responses to “Job Hunting Tips for Those over Age 50”

  1. Nobody's Fool Says: July 16th, 2009 at 12:31 am

    Hmm, no responses????? Where have all the unemployed over 50 baby boomers gone? Should make interesting reading.

  2. Tim Manni Says: July 16th, 2009 at 9:46 am

    Nobody’s Fool,

    That’s what I was thinking! I thought the topic had particular significance.

    Thanks for commenting, we hope to hear from you again soon,

  3. Jeff E Says: April 1st, 2010 at 7:54 pm

    The problem is that most of us over 50 looking for jobs already know about the sites mentioned. What we know is that they have verbiage, advice, articles, blah, and more blah……. but no JOBS.

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HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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