From Deseret News archives:
The retiree work force
Bad economy puts seniors back to work or keeps them there
Longer lifespans and a desire to remain productive and connected already had begun pushing the number of older workers higher. Now the financial crisis is accelerating interest in working later, with career sites and organizations for seniors and older workers reporting a surge in job-hunting efforts.
Sixty-three-year-old Marian Austin of Alfred, Maine, is among those who need to work again just to make ends meet in retirement. In this economy, her late ex-husband's Social Security isn't nearly enough.
"It's been difficult," said the former gift shop owner and retail manager, who retired two years ago. "I don't know how I will pay for fuel oil for heating. I can't walk into a grocery store and buy what I want. I don't look forward to Christmas, because I can't buy gifts this year."
"We've definitely seen an increase in the sense of urgency in terms of jobs," said Deborah Russell, the organization's director of work-force issues.
A market for retirement jobs essentially emerged a decade or so ago. Now, postings for those at or approaching retirement age are an important and growing phenomenon in the labor market, as evidenced by online job boards that include RetirementJobs.com, RetireeWorkforce.com and Seniors4Hire.org, which cater to not just retirees but anyone 50 and older.
Demand for such resources is only likely to grow with the graying of the work force expected to continue. Workers age 65 and over are expected to account for 6.1 percent of the labor force by 2016, up sharply from 3.6 percent in 2006, according to the U.S. Bureau of Labor Statistics.
"For decades, we've been making it easier for people to get out of the labor market," said Marc Freedman, CEO of Civic Ventures, which focuses on helping older baby boomers launch second careers involving social contribution. "Now, there's a growing need in the opposite direction."
Recent comments
Joe,
Not complianing at all, I purchased a house and paid it off,...
Joe | Nov. 2, 2008 at 10:21 p.m.
Growing old is a blessing not realized by many. Being forced to work...
A Blessing | Nov. 2, 2008 at 8:02 p.m.
Joe, stop complaining. The �Baby Boomers� were forced to finance...
Joe has a lot to learn | Nov. 2, 2008 at 5:35 p.m.
- Wheelchair athletes take to court 7:13 p.m.
- Health care bill clears Senate hurdle 7:11 p.m.
- USDA has agreed to probe 6:04 p.m.
- Hall breaks BYU record with win 5:12 p.m.
- Utes crush Aztecs 38-7 5:07 p.m.
- Glenn Beck to enter politics? 4:55 p.m.
- Obama: Asia trip a boost to economy 4:44 p.m.
- Uranium from mine in Nev. wells 4:43 p.m.
- Wildcats get style points vs. Cal Poly 4:32 p.m.
- Plan for airport checks 4:14 p.m.
- Glenn Beck to enter politics?
- Can BYU throw vs. Air Force?
- Cougars cruise to victory in Hawaii
- Huntsman blasts media over trip
- Christian leaders not backing down
- Murder-suicide in West Jordan
- TCU still has a chance
- Orem man acquitted in tot's death
- Religion cited in deportation fight
- Hall breaks BYU record with win
- Buttars wants to limit gay rights laws
191 - Palin plans tour stop in Utah
171 - BYU, Utah struck gold in coaches
124 - Lies shatter Utah family
123 - Palin's book shows she's unqualified
119 - Officer cleared in Cardall Taser case
103 - BYU cuts Women's Research Inst.
100 - Jazz finally win in San Antonio
98 - Utes knock off rival Aggies
93 - Huntsman pleased with Obama
86
There's a lot of reason to leave your plastic home as you shop:
I don't pretend to be an expert on global warming. I've met with...
Let the smack talk begin. I did watch a little of the game and was fairly...
That is all this vote signified. Increased taxes. Benefits aren't even...
I get sick of holding the bag for conservative failures. Conservatives belong...
I don't plan to buy Palin's book or go meet her, but the left's attempts to...
I agree. I was embarrased by our own fans. Why can't be graceful winners?
This is a blog section of the DN, do you honestly believe the armchair...
Why do they want to get married civily? What's wrong with the "everything...
Our defense looked pretty weak against a mediocre defense of Air Force. We...
I saw three pass plays and 2 running plays. Where is the creativity?
"They will also say things like "We used to be different than Europe, but now...


