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job news, trends, older professional

Image by ratch0013, via FreeDigitalPhotos.net

I was encouraged to come across multiple articles recently about positive trends in how older professionals are getting hired.

This MONEY article gives the straight facts:

The latest data show the unemployment rate for those over age 55 stands at just 4.1%, compared with 5.7% for the total population and a steep 18.8% for teens. The ranks of the long-term unemployed, which ballooned during the recession as mature workers lost their jobs, are coming down. Age-discrimination charges have fallen for six consecutive years. And now, as the job market lurches back to life, more companies are wooing the silver set with formal retraining programs.

This is not to say that older workers have it easy. Overall, the long-term unemployment rate remains stubbornly high—31.5%. And even though age-discrimination charges have declined they remain at peak pre-recession levels. Meanwhile, critics note that some corporate re-entry programs are not a great deal, paying little or no salary and distracting workers from seeking full-time gainful employment.

Still, the big picture is one of improving opportunity for workers past age 50.

So if you’re a professional over the age of 50, this is good news! of course there are a lot of factors that go into your success rate. Do you have a strategy? Are you truly networking with purpose, developing two-way relationships with leaders in your category?

The trends are looking up. The question is, will you take advantage?