Posts
On April 3 the CBS Sunday Morning Show featured a segment on ageism in the workplace. These are the statistics. The chances of finding a job within a year if you are over age 50 is 24%. If you are over 60 you have an 18% chance. Experience is less valuable when younger people will do the job for less. To test the hiring market, 4,000 fictitious resumes including graduation dates were sent to various want ads. The results were predictable. Companies were 40% more likely to hire the younger applicants. Because of this, older workers are involuntarily working part time or dropping out altogether. There are many who will not find jobs again.
What must also be taken into account is that health insurance is, more often than not, lost in the process. Consequently, people over the age of 50 will become a burden on society.
An auto salesman was interviewed who eventually found a part time job in his profession. To see the full report and video click on the link below.
Dear Tiny Dancer: "Caretaker job" interests me. Undoubtedly a growth area. Works best for those like you who might be in a position to go "off the books": Those who have medicare and social security or perhaps another income. I employ two off the books part time ladies to help care for my wife. My buddy in very similar circumstances employes four. It works for all of us and the paperwork for compliance is almost too much, etc., etc. I feel some guilt but from our points of view it is the only thing possible. Sincerely: Tom
ReplyDeleteI signed on with an agency and am not off the books. How they keep everything running and balanced is mind boggling to me. The owner lives and breathes the business. Very dedicated, very passionate.
ReplyDeleteI'm glad your arrangement is working. We all try to do what works for us.
Dear Tinydancer: Sorry the "caretaker" got attached to the wrong blog. Going through an agency is obviously what one is supposed to do. Locally that would drive the cost to $15 to $18 dollars an hour. The caretaker would get $8 to $11, and lose some of that to a 1% wage tax and would report on income tax returns. Since "agencies are few and far between it would multiply travel distance.
ReplyDeleteIt is a shame Clinton ruined the phraes: "under the table." Tom