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.
- Obama signs $24B assistance bill 2:43 p.m.
- Stocks post modest gains at close 2:27 p.m.
- N.M. suspends soccer player 2:25 p.m.
- U. genetics Web site goes viral 2:08 p.m.
- Man charged with DUI after 911 call 2:06 p.m.
- Conviction in 'fat defense' trial 2:04 p.m.
- Vote on health care may be delayed 2:01 p.m.
- 1 dead, 5 hurt in Orlando shooting 2:00 p.m.
- Details on Hasan's life emerging 1:41 p.m.
- Teachers extol exercise balls 1:07 p.m.
- Bucking the trend
- TSA reports back up Chaffetz
- Thieves are targeting cameras
- Jazz don't push panic button yet
- Y. wins rough-and-tumble tussle
- Utah soldier shot at Ft. Hood
- Y. get Vegas 'sleeper' to commit
- Team chemistry will not blow up Jazz
- Army: 12 dead at Fort Hood, Texas
- WJ man among dead at Ft. Hood
- Report details Prop 8 aftermath
399 - Dirk does dirty work in Dallas
190 - Letters: Care not a right
175 - Gay advocates trek to LDS office
168 - Speed has never been BYU's game
135 - Utes 14th in BCS standings
110 - Jazz stumble in fourth quarter
105 - Prep football: San Juan vs. S. Sevier
97 - BYU ready to return to Laramie
96 - Thousands protest health bill
94
How are we to interpret GOP gubernatorial victories in New Jersey and...
So, it's okay for the last administration to grow government that ended up...
Thanks for all you did for this country sorry you passed many loves and prays...
If you go to UNM's website, you can leave a comment (feedback) to the...
Adding to Typo 8:05 a.m. comment -- "When I made the movie I was convinced...
That elbow to Lambert was nothing compared to Lamert's pathetic behavior. So...
The LDS church has "no paid clergy." How can they afford a 3 Billion Dollar...
This poor, deluded neocon should take the time to take a look at Fascist...
Although it clearly doesnt compare to other conferences the MWC does produce...
Senator Bob Bennett was NEVER fearlessly confronting the high priests Nobama...
The referees must take the blame as well. I can see (in my opinion) at least...


