The Gray Wall - Over 55 Unemployment is on the Rise

Have You Hit The Gray Wall?Issues
Unemployment figures in the USA are still prettyOne easy fix may just be to sure you have a
high, and there does not seem to be a quickquick skill update. If you see a common skill on
answer to help solve this problem. It is bad forjob postings, and it is one you lack, it may be
lots of people, or all different ages and educationtime to look for some online or community college
levels. But it even seems to be more acute withcourses. Of course, it always better to have
older workers. Over 55 unemployment is evenactual work experience with any skill, but a
higher than it is for the national average.training course can be a good substitute.
This can hardly because older workers are notYou may even be able to take that course, and
good workers. We tend to associate older peoplethen turn it into experience. Let's say you are an
with having years of experience and maturity.accountant who is not familiar with the latest
What they lack in the energy of a much youngersoftware. If you take the course, perhaps you
worker, they certainly make up for with othercould find a client who needs a freelancer. You
virtues.have now learned the software, and you have
They may not bring all of the current highactually gained real work experience to make
technology skills to a job interview. A recentyour resume look better to a potential employer.
college graduate should have more current skills.The other upside of this tactic is that you can
But most younger baby boomers are prettyactually make some money by taking contract
familiar with computers and the internet, so thiswork on the side!
can hardly be the whole issue either. In fact, IThis lead us into an increasingly popular solution
think it is more about how younger bosses regardthat many older unemployed workers have
older workers that it is about the reality of thedecided to accept. They have taken their business
situation.experience and maturity, and they have decided
Another very real consideration for employers,to start their own business. You may think that
and especially small business owners, is the costyou need high tech or professional skill to start a
of health insurance. Even though a group healthbusiness venture. But many people have taken
insurance policy must take everybody, they dosimple skills or hobbies to the next level. They
not have to charge the same price for all groups.have started their own businesses to make a full
An older group will cost more than a younger one.or part time income.
It is impossible to ignore the situation, and to thinkThe Gray Wall is Real
this has nothing to do with the problem that olderThere is no doubt that unemployment with older
workers are having when they look for a newworkers is a big problem. But now that you know
job.the problem exists, it is up to you to decide how
Some Solutions For Over 55 Unemploymentto handle it.