Starting Over After Involuntary Retirement or Unemployment
Posted Nov 15 2009 10:00pm
The average period of unemployment is nearly 34 weeks for older Baby Boomer job seekers---more than 13 weeks longer than it was at the start of the recession.
"The chance of a 60-year-old finding an ad on Craigslist that says, 'Wanted: Vice President of Marketing and Sales. Must be 60 to apply' doesn't exist, so you might as well take your skill set and make it into an encore career," says Mary Furlong, a Baby Boomer marketing expert and author of " Turning Silver into Gold: How to Profit in the New Boomer Marketplace."
More older workers are trying to make second or third careers work. The unemployment rate for persons aged 55 and over hit 7% in October 2009, continuing the recent trend of high jobless rates for older persons not seen since the late 1940s, according to an analysis of Labor Dept. data by Sara Rix of AARP's Public Policy Institute.
As the economy continues its downward spiral, many able men and women are facing an involuntary retirement, as well as having difficulty in finding a new job. That is why a number ofjob coachingtip options have been created to help job seekers move from where they are now to where they want to be in today's tough times.
Here in Michigan, the epicenter of joblessness in the U.S. with a 15% unemployment rate, Wayne State University's School of Business Administration is sponsoring workshops and a new book, "Yes! You Can Land a Job; (even) in a Crummy Economy" authored by Therese Marie Boldt, a successful recruiter and career coach.
Making a leap into a second or third career may mean taking financial risks. Some people use severance payments as seed money. Others tap credit cards, family savings, even retirement accounts. Dipping into reserves to fund the next stage of your life may not feel great when cash flow is a concern. But it's often necessary.
Another place to make connections and find resources to help build a new career is your alma mater or local college. All college grads seeking jobs should consider contacting their university's career services office or alumni association for career coaching assistance...or...search the Internet for a personal career coach to put the book's recipe into practice.
For all job seekers and those without the slightest clue on how to seek a new opportunity, you can access a range of job coaching services from personal coachingtojob coaching tipsthat can be purchased online. Now is the time to custom tailor your approach to what's next for you. Consider purchasing the low-cost21 Career Transition Tipsor sign up for a year's subscription toweekly emailJob Seeking Coaching Tipsto guide you through your career transition.
For joining a free social network connecting job seekers, recruiters and career coaches ready to share actionable knowledge for those making a career move, go to:www.CareerTips.us.com