Event Sponsored In Part By
Cape Cod Works
The employment website of Cape Cod Media Group
 
  This event is FREE to all Career Center MEMBERS.

  *** Non members can simply sign up for your free membership a half hour before the start of the event and enter to win a gift certificate from a local business.

Participating Employers:
Aflac
Bayada Nurses
Cape Cod Community College
Cape Cod Five
Catania Hospitality Group
Fellowship Health Resource
Hospice Palliative Care of Cape Cod
Macy's
Ocean Edge Resort  & Club
Primerica
PTM/C.C. Regional Transit Authority
Shaw's Supermarket
TD Bank North
TemPeople

When: Wednesday March 25th 2009

Time: 10:00 a.m. - 2:00 p.m.

Location: Career Opportunities - 372 North St Hyannis

For more info please call 508-771-JOBS (5627)

For available positions click here

Elderly Emerge as a New Class of Workers - and the Jobless

Wall Street Journal (02/23/09) P. A1; Ansberry, Clare

Many laid off older workers today are competing for jobs against people half, and even a quarter, of their age. The number of unemployed workers 75 and older increased to more than 73,000 in January, 2009, a 46 percent increase from the previous year. The jobless rate for workers 65 and older is 5.7 percent, which is below the national average but still higher than it has been in previous recessions. As people live longer and maintain better health, some may want the challenge and stimulation of a job, but for others having a job is a financial necessity. Currently, fewer people are covered by defined-benefit plans, such as company-sponsored pensions that guarantee a specific monthly income for life.

People with retirement investments have seen their nest eggs shrink drastically. Many are outliving their savings, and mortgages and medical bills are forcing others back to work because Social Security and Medicare are not enough. Several states are developing programs to help older unemployed workers, and the Obama administration is accepting proposals for creating new ways of connecting workers older than 55 with local jobs. "We're seeing a tremendous increase in the number of people coming for help," says Cynthia Metzler, head of Experience Works, a nonprofit that offers job training and placement for 20,000 older adults in 30 states.

Even when the economy is strong, older workers looking for work tend to spend more time in unemployment. The physical limitations of some may account for part of the difference, but lingering stereotypes that older workers are more expensive, less productive, and resistant to change are far more damaging, experts say.

Upcoming Meetings

• SMHP Meeting: Monday March 23rd 3:00pm WIB Office

• WIB Board of Directors Meeting: Tuesday March 24th 8:00am WIB Office

• Youth Council and Graduation Rate Meeting: Tuesday March 31st 12:00pm WIB Office