Quantcast Celebrity Status Quo: older employees
Showing posts with label older employees. Show all posts
Showing posts with label older employees. Show all posts

Friday, April 10, 2009

Job market is especially cruel for older workers


More Americans 55 and older are working longer, and those who are looking for jobs face a technologically transformed market where potential employers may deem them overqualified.

The recession has not been kind to older workers. With their 401(k)s battered, home values deflated and healthcare costs rising, many have resigned themselves to staying on the job indefinitely. The trend was well underway before the downturn as many continued working to pad their savings or to stay active.

Source: www.latimes.com