Description:
In this episode, I want to discuss with you what I am seeing in the 50+ job market. I was on an Encore Network call the other day and two of us were asked for our views of the 50+ job market. I want to discuss how I view the world in August of 2023 and take you through 4 examples of very recent success from members of the Career Pivot Membership community.
I am part of the Encore Network https://encorenetwork.org/ and I was asked to speak to what I was seeing. Another gentleman was asked to speak about broader economic data.
I know a lot of listeners of this podcast are career coaches, resume writers or provide other services in helping people with their careers. I want you to check out the Encore Network. The Encore Network is a coalition of leaders who champion the civic, social, and economic contributions of people 50+ by creating community, stimulating learning, and inspiring action to transform the encore stage of life.
Believe it or not, the economic numbers are pretty good. Yes, inflation has stretched a lot of you financially, but it is coming down. The big companies of the tech sector have been laying off but the tech sector is really a pretty small part of the overall economy.
I will tell you that the green energy sector is hiring. A lot of money has been flowing into that sector after the Inflation Reduction Act was passed.
The official unemployment for those 50-54 and 55+ is below 2.5 percent. I will link in the show notes the latest press release from Nifty50s.com with the data. Nifty50s is another member of the Encore Network.
I run the Career Pivot Community which has about 40 people currently participating with an average age of 60 and over the last six months I have seen a lot of success. I discussed some of the success these folks are having getting hired during the Encore Network discussion.
I want to highlight some of what I talked about.
These are folks who are mostly in their mid to late 50s. They are getting hired I want to take you briefly through their stories.
This episode is sponsored by Career Pivot. Check out the Career Pivot Community, and pick up my latest book, Repurpose Your Career: A Practical Guide for the 2nd Half of Life Third Edition.
For the full show notes and resources mentioned in the episode click here.Rebroadcast of Forbes Publisher and Author Rich Karlgaard on Late Bloomers #297
Is the Pandemic Over?A Look at our Divided World with WaPo Editor Marc Fisher #296
Empathy at Work - Understanding Generation Z and the New World of Work #295
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Expat in Mexico Update - My Interesting Experiences of Returning to the US #293
Rebroadcast of Own your Career, Own Your Life with author Andy Storch #292
Absolutely Crazy Employment Status in the United States for those 55+ #291
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