Economy loses 33,000 jobs in September

Employment overview The economy lost 33,000 jobs in September largely reflecting the impact of hurricanes Harvey and Irma. Despite the overall job loss, the labor force participation rate for those ages 55 and older decreased only slightly to 40.1 percent. The Bureau of Labor Statistics’ (BLS) September Employment Situation report showed the overall labor force participation rate edged up slightly to 63.1 percent.  The unemployment rate declined to 4.2 percent with 6.8 million persons remaining unemployed.  Much of the impact …

Job Numbers Rise but Labor Force Participation of Those Ages 55+ Holds Steady

  Employment overview for those ages 55+ The monthly Employment Situation Report from the Bureau of Labor Statistics (BLS) shows the economy added 235,000 jobs in February 2017. While the number of those ages 55-plus who are employed rose slightly in February, this age group’s labor force participation rate (i.e., the percentage of the population that is either working or actively seeking work) held steady at 39.9 percent. The labor force participation rate of persons ages 55 and older has …

Looking to Land the Right Job for You?

Are you looking for that ideal job that matches your skills and experience? Well, your job search just got easier. AARP has resources to help make your job search go smoothly.  Through the AARP Employer Pledge Program, you will have access to at least 300 employers, such as UnitedHealth Group, American Red Cross and KPMG LLP, who have pledged to value what experienced workers bring to the workplace and recruit from across diverse age groups. We all know that the task …

Tips to Reenergize Your Job Search

Are you looking for a new job or considering a career change? Many experienced workers share the sentiment that navigating today’s job market is not as easy as it was perhaps 20 years ago. In the world of social media and job hunting online, it can become even more difficult to navigate the myriad social and professional platforms. It may require you to regroup, get reenergized and rework your job search plan. Reenergize Your Job Search Twenty years ago, the typical job search involved …

New Year … New Job … New You

The new year is a good time to reflect, recharge, regain your momentum and renew your commitment to achieving goals.  It’s the time when many are thinking about changing careers or simply finding a new job. It’s a great time to jump-start the new you! Gone are the days when you looked in the newspaper for your next job. Today’s job market has changed vastly. Many experienced workers are finding themselves a bit unprepared on how to search for a new job and sell …

Pushed Out of the Workplace

Have you ever felt like an employer was holding your age against you? If so, you aren’t alone. In these tough economic times, more and more Americans believe they are facing age-based discrimination at the office. In fact, a 2013 AARP study found that nearly 2 in 3 workers ages 45-74 said they have seen or experienced age discrimination in the workplace. Of those, a whopping 92 percent said it was very or somewhat common. Nearly 20 percent of the …