The Senior Workforce

June 25th, 2013

The stats on the mature workforce in America

According to the U.S. Department of Labor (DOL) by 2014, 41% of Americans 55 or older will be employed, making up over 21% of the U.S. labor force. For this reason DOL has created a program focusing on the needs of the mature employee. Held annually, the last full week of September, the focus of National Employ Older Workers Week is to increase awareness of the senior work force and “showcase the Senior Community Service Employment Program (SCSEP), which provides on-the-job skills training to individuals 55 or older with limited financial resources.”

The retirement myth

Is retirement in America is a myth? Financial headlines report that only one in three Americans have savings for retirement. We live in a society that encourages an unbalanced life. Work long hours with no boundaries now so you can retire and not work at all later in life.

The fact is most senior Americans can’t afford to retire or are unwilling to live at poverty level-depending only upon Social Security or their investment income. And many if not most seniors enjoy a balanced work life, finding it not only satisfying but healthy.

The senior workforce reinvents itself

Unfortunately almost two thirds of unemployed workers age 55 and older have been actively job hunting for over a year, and CNN Money calls them the “new unemployables.”

Those stats have led to sites that cater exclusively to the mature worker. Check them out and see if they offer something to meet your needs.

Don’t forget to scout out local job fairs, alumni association meetings, trade and industry shows and chamber of commerce and local government meetings. Keep your eye open for any event where you might make a connection, and develop a relationship that can lead to an open employment door. Volunteering is another option. This can often lead to a job opportunity that is only advertised in-house, plus it provides you the opportunity to hone or upgrade your skill-set while checking out a new career path.

Another option is to check out the Senior Community Service Employment Program (SCSEP), mentioned above. Online and local partners offer many training opportunities such as the Digital Inclusion Initiative to provide adult learners with online and computer skills.

The good news is that number of temporary and part time jobs is on the rise. These are opportunities to showcase your expertize and develop new job skills.

We at Olympic Staffing Services can help your job search.  We don’t simply fill positions—we build relationships, taking the time to understand your unique talents and qualifications. Contact one of our seasoned team of staffing professionals to learn more about what Olympic Staffing can offer you.