Most Baby Boomers (the cohort of Americans born between 1946 and 1964) believe that they will still be working during their retirement years. That is why the theme of this Blogging Boomer Carnival #272 is about boomer second careers and what’s happening in the job market here in the U.S.A.
Silver and Grace wonders if you are starting to get a sense of your own mortality. If so, how is this influencing your decisions or actions? Is time running out?
Maybe you have decided to stay way out of the job prospect arena like Anne of Accidental Locavore? Since it’s been so hot this week, she has also been trying to stay out of the kitchen and take advantage of everything fresh at the farmers’ market. Here’s a great main course recipe for grilled pork chops with pickled peaches.
Rita R. Robison, consumer journalist, writes about second careers for baby boomers in retirement at “Top Second Careers for Baby Boomers Who Need Retirement Income or Entertainment” to see if jobs such as veterinary technician, conservationist, flora designer, or loan officer would interest you.
Tom over at Sightings at 60 doesn't offer any advice about how to start a second career, or even find a job, but does offer some perspective on the whole notion of working in retirement and answers the question: "If you're still working, how can you say you're retired?"
If you're out of work now, would part-time or flexible work fill the gap until you land the job you want? If you're fully-employed, but concerned about losing your job, what sort of opportunities could you pursue to earn additional income, should the need arise? Would you possibly consider consulting or contract assignments, taking a part-time or temporary job, teaching or substitute teaching, doing some home-based work, working for family or friends or just doing some odd jobs during retirement years?
Midlife Crisis Queen Laura Lee Carter knows the shock of suddenly finding yourself unemployed, and apparently unemployable, for the first time in your life at age 49, and she is certainly not alone! Learn more about the human costs of long term unemployment. Fortunately, she also learned the power of mind over matter, how to endure and achieve far beyond what you believe you are capable of.
For boomer job seekers, the key to success is who you know that can lead you to a new employment opportunity in a tough job market. Unemployment remains high while the jobless rate stubbornly hovers around 8.5% for years and economists worry it could stay high for some time.
A monthly government labor survey released earlier this week showed the most job openings since the summer of 2008. All this is reassuring after hot-and-cold payroll growth this year. The modest rise in the unemployment rate last month to 8.3% is up from 8.1% this spring. Retiring Baby Boomers explain only part of the shrinking labor force. And aggregate income from jobs is lower than it should be while labor numbers are better, but not quite good enough to get the economic job done.
What’s the answer for you in this tough job market? In researching his new book One Big Thing: Discovering What You Were Born to Do (Thomas Nelson, July 2012), Phil Cooke found something remarkable: the power of the niche. In today’s cluttered and distracted culture, special interest groups, demographic targeting, and digital technology have created a world where the niche rules. Today, corporations and their marketing teams understand that the key to connecting with customers is to be the best in the world at a very small niche.
Is now the right time to better understand your niche and put into place (through an encore career) your life signature? Our life signature is the tracing of the talents we are given and how we express them in our lives. There are a growing percentage of boomers thinking about the meaning of life. This genuine spiritual concern is broader than traditional views of religion practiced in numerous countries of the world. Yet, it is unclear to most how they want to live the remainder of their life in a meaningful way.
Once you know what you want to do with the rest of your life, it will be time to explore how to move forward into your encore career.
While surveys show that personal connections are a primary source of hires, today's job seekers devote little time to their networks: Only 9% of their job search is spent contacting friends and relatives to find work, while 51% is devoted to finding ads and sending out applications, according to a paper presented at the Brookings Institution this March by Princeton economist Alan Krueger and Columbia Business School's Andreas Mueller.
Over time, job seekers tend to get more discouraged and actually spend less time searching, said Mr. Mueller. "We found that the job search was a very depressing activity. They're sad when they start out, but the longer they are unemployed, the more depressing the episode of job search is," he said.
Meanwhile, about 27.5% of external hires come through a referral, more than any other source, according to staffing consultant CareerXroads.
For the fifth year in a row person-to-person networking proves to be the single most effective way of finding a new job, according to a study of more than 46,000 individuals who received outplacement services from Right Management, the talent and career management firm.
“Our data from both the U.S. and Canada continue to hold steady and show what we’ve always maintained,” said Monika Morrow, Senior Vice President of Career Management at Right Management. “Direct personal contact with real people is to be the most successful way to find new employment.”
Both unemployed and employed boomers, who are planning to work before and/or after retirement, would be wise to learn some effective career transition tips to pay attention to long before he or she is walked out of their workplace. For more online resources for anyone over 50, keep reading.
Online Resources for Boomer Job Seekers
-- RetirementJobs.com (http://www.retirementjobs.com) has more than 30,000 listings nationwide from companies specifically seeking candidates older than 50. A combination job board, adviser and coach for boomers and seniors looking for work. Retirement Jobs also partners with AARP.
-- RetireeWorkforce.com (http://www.retireeworkforce.com) also focuses on the 50-plus job candidate. Currently gets about 200,000 visitors a month, doubled from a year ago and up sharply during the financial crisis.
-- RetiredBrains.com (http://www.retiredbrains.com) is a resource for older boomers, seniors, retirees and those about to retire who are looking to find jobs, volunteer opportunities, educational resources and retirement information.
-- Retirement Jobs Online (http://www.retirement-jobs-online.com) offers advice about online retirement jobs, helping retirees evaluate the various ways to use the Internet to find work.
-- AARP offers both a job search engine (http://jobs.aarp.org) and a National Employer Team (http://www.aarp.org/employerteam) which lists employers that are actively recruiting mature workers nationwide. Most are corporations; also cites three government agencies: the Internal Revenue Service, the Peace Corps and the Small Business Administration's Office of Disaster Relief.
-- Aging Workforce News (http://www.agingworkforcenews.com/aginglinks.html) is not a job board but provides a useful collection of work-related links.
-- BoomerCareer.com (http://www.boomercareer.com) is a collection of career articles and resources targeting baby boomers, those born from 1946-64. Job-seekers can search job listings and post their resume.
-- Encore.org (http://www.encore.org) provides news, resources and connections for individuals and organizations establishing "encore careers" designed to combine social contribution, personal meaning and financial security. Many of the jobs posted are in education, health care and human services.
-- Experience Works (http://www.experienceworks.org) helps low-income seniors get training to find jobs in their communities.
-- Quintessential Careers has a comprehensive listing (http://www.quintcareers.com/mature--jobseekers.html) of job and career resources for mature and older job-seekers.
-- Senior Helpers (http://www.seniorhelpers.com) with offices in 230 U.S. cities hires many older workers to provide in-home personal and companion care for seniors. Caregivers' services include help with housework, meal preparation, errands, transportation, medication reminders and Alzheimer's care. The pay is $8-$12 per hour; most work an average of about 20 hours per week.
-- Senior Job Bank (http://www.seniorjobbank.org) is a site where job-seekers age 50 and up can search for jobs by category, industry or location, post resumes and register for a job-search agent.
-- Seniors4Hire.org (http://www.seniors4hire.org) is another nationwide online career center and job bank with openings posted by businesses actively recruiting the 50-and-over population. Also includes targeted career resources and articles for older workers.
-- WiserWorker.com (http://www.wiserworker.com) enables baby boomers and older workers to search for job listings by keyword or location and provides career articles and resources plus listings of local job fairs across the country.
-- Your Encore (http://www.yourencore.com) seeks to match retired engineers and scientists with companies that need to meet a capacity surge or fill a short-term need, with clients that include Fortune 500 firms such as Boeing, Eli Lilly and Procter & Gamble. The retirees sometimes are brought in as temporary mentors for new hires.
To download job applications, research salaries and more, go to: http://www.myjobapps.com