Are Companies Still Hiring Older Workers in 2023
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- Опубліковано 20 бер 2023
- Are companies still hiring older workers in 2023? Based on hundreds of messages and comments I've received from Over50tv viewers the answer to that question is a resounding HELL NO! But the Society of Human Resource Management, the giant HR managers organization sees it differently. They claim 'companies are renewing efforts to retain and hire older workers.' What's fact and what's fiction? I discuss this and a lot more in this live stream.
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I'm retired now, but haven't lost interest in the issue. The problem older employees face is from two causes: First, the Age Discrimination in Employment Act is a weak law that is hard to enforce. It requires two or more employees to sue a company in a civil case. It also allows companies to discriminate in hiring. Instead, age discrimination should be made a criminal offense that is prosecuted and should demarcate rational standards for determination when it occurs. Second, is immigration policy which makes it a buyer's market for labor. Our immigration quotas allowed by law are much higher than those needed to sustain our population. Fixing these laws will make America more a society that takes care of its own.
I don't believe for a minute that we, as citizens, should just 'live with it.'
Hi Kevin! I don't believe immigration policy has a negative effect on the jobs most folks in the U.S. are seeking. It's more likely, although I don't know the numbers, immigration policy impacts the lower income tier. These are jobs most folks watching this channel don't want. Regarding, the Age Discrimination Act, you are right. That legislation is weak. It offers no protection for older workers.
I was a mortgage professional for many years. I have been looking for a job for almost a year now and no luck. It's very depressing and yes, age discrimination is a real thing. I'm 61.
I don't know the mortgage industry very well but from what I hear from other viewers and read on the news about high mortgage rates and low housing inventory, it sounds like that industry is undergoing seismic change. Have you considered changing industries? My guess is you have. I know this, if you are in reasonably good health you will be in the workforce for many more years. It's not too late to explore career options that aren't effected by age. Consider doing something you've always wanted to do. Something you'll jump out of bed for every morning.
57 and finally landed a permanent job 7 years after being surplussed in 2016. Things really kicked in gear when it opened back up after the lockdowns. Started getting recruiters contacting me about temp contract jobs and I was able to build my resume with new job skills and recent employment. I also think the sudden interest had to do with people resigning or retiring in large numbers.
I'm glad it worked out for you. Sounds like everything combined led you to your current position. Congratulations!
@@Over50tv Thank You, they partially based their decision on on me because they wanted a more mature professional influence in the office where I’m 10 years older than the older manager.
Corporations;you are too old,go away!Federal Government we need to raise the retirement age!
You'll want to check out my latest video on raising the Social Security retirement age.
Thanks for doing what you do, Lou. I have had 3 careers, more jobs than I can remember due mostly to market forces and a couple accidents while truck driving. Shared your info with a department of labor sponsored networking group back in 2019, 2020, 2021 when I was laid off twice. Most of the people in the group were in the 50-60 year old range with a few younger. Had run into some of the same people in the group back around 2016. All of them had plenty of experience, skills, etc and were laid off again. I'm back to the job that got postponed during covid, only part time now. Keep up the good work.
Thanks Lawrence! I appreciate the very kind comment. I'm glad you are back even though it's only part time. I hope the other folks are working.
I've noticed many retail outlets are starting hire more older workers in droves.
It seems like more employers are actually preferring to hire older workers. They are mich more dependable and seemingly have a better work ethic
Yeah, but that retail work can be hard. One of my good friends is in his mid-60's and because of back pain he wears a back brace to alleviate the pain because he walks around for five hours and lifts heavy boxes. If you get one of those jobs, make sure the work isn't more physical than you can handle.
Depends on the management. If time is important they are willing to pay more to get projects done right on the first try they hire older people. If they want to cut upfront costs and are willing to take longer to do things and don't mind reinventing the wheel, they hire younger workers.
Customers drive decisions. If customers don't mind laxity, poor service, or poor product quality management will see no rush to be more efficient.
I suggest you ask your favorite IA like ChatGPT to write the perfect resume, because apparently your resume will be read by an IA.
Yes! Your insightful suggestion might be the best way to get your foot in the door.
I wrote IA, but I meant AI. Excuse my French.
I had a bit of a warning in my mind when I did the online career test because it wants twenty US dollars to see the job titles and it says ;
"Your 2023 income potential is excellent.
One of the careers that matched your work personality paid $193,680 last year in the United States.
The majority of career professionals who tested similar to your work personality had an income 285% higher than the average American.
A small percentage of professionals with work personalities matching yours are some of the highest-paid individuals in the world."
sound a little to good to be true which is also a warning to me ;)
Taking the test and appreciating the results is a matter of perspective. Here's the response I received today from another viewer who took the same test: "I did the paid Career Fitter - wow! It was spot on. Really served to validate my desire and thoughts about what to do next."
With age comes experience. Good companies know this and they don't want recent graduates with useless degrees. So. Don't give up.
Yes, good (and successful) companies know this.
Many of those companies avoid those workers. Because they know more about how things work,Internally.
Make video on Networking , how to get know jobs if not listed and how to make best use of it.
I believe I've created a video on networking. Check out my Side Hustle Rules UA-cam channel. I've produced over 500 videos so I don't remember the exact title, but I do think I discuss networking on my other channel.
There are people in Congress who are in their 80s or older WOW!
Yeah, there are. Seriously.
Older adults (you know, the adult in the room!). Have the discipline and the intestinal fortitude to get out of bed and come to work!. Companies love old farts like me! We are dependable.
Yes, we are dependable! We also have incredible skills, valuable experience and we have a great work ethic. Those characteristics define older workers.
I've got were going in another direction.
That's an old excuse. At least they could have been more original.
Lou, great advice for the general audience. I would offer that in this very specific case (given her years of experience and education), you may want to suggest she contact a reputable executive search firm that specializes in placing IT and Security professionals. The hiring company will pick up the fees, so their should be no expense on her part and in most cases the search firms will offer advice/coaching which can lead to a hire, since it's to their advantage to get her hired.
That is good advice Roman. I will mention that. Thank you!
Curious of anyone's opinion on the free version of Career Fitter. I took it, but will hold back on my opinion for now.
Hi Brett! I'd love to get your opinion. You can do it here or email me at lou@over50tv.com Thank you!
I found the results in the free version to be very general in nature. I'd be curious what the paid version would cover. I may give it a shot. Haven't decided yet.
Forget 50s , 40s is new 50s , i have face ageism a lot in job search and diffrent race it worse.
Yes, I'm hearing this more and more. People in their 40's, especially mid-forties, are telling me the same thing. Thanks for the comment.
Apply at USPS-they are desperate for workers.
Incredibly demanding jobs with no future.
@@Over50tv A future in physical injuries...
@@lisaw6219 lmao!
@@lisaw6219Walking all day is fantastic for ones health.. Much better than having a desk job for physical health
Subtitle
Thank you for watching!
why hire an "old man" with all the problems of the case, when you can hire a young immigrant, strong and healthy, without family or health problems, for half the average salary?
56% of workers over the age of 55 are fired from their jobs because of their age. Those folks are usually replaced by a younger, less expensive worker. From my experience the employer doesn't care whether that person is an immigrant or non-immigrant.