How To Keep Your Job When You're Over 50

www.thestreet.com:

NEW YORK (TheStreet) -- Need to work longer before retiring? Older worker, beware! A bull's-eye is being stenciled on your back. This can put a crimp in the best-laid plans.

Fifteen percent of the unemployed are over 55. Of those out of work for more than a year, the over 55 represent 45%. This means only about 10% have found another job. These lucky workers though may not be dancing in the streets because most have taken wage cuts.

Read the whole story: www.thestreet.com

Comments

[charityPRIME]

04:20 AM on 01/19/2012

I work for The Prince's Initiative for Mature Enterprise (PRIME) in the UK, and we recognise the problem of unemployment amongst the over 50s. We help mature workers to see if setting up their own businesses is a good option for them, and then help them along the journey to self-employment through workshops, mentoring, business advice etc. Take a look at www.prime.org.uk

[Romeo in Miami]

02:13 PM on 01/18/2012

I am almost 61 years old and I lost my job about 18 months ago. I have only worked at 3 companies in the last 30 years. I consider myself a dedicated "company man" but all those nights working late and missing dinner with my family wasn't enough to save my job. Earning $51K now as I did in my last job is nothing more than a dream. At this point I'd be lucky to end up bagging groceries at my local supermarket!