Employment statistics for “experienced workers” aren’t rosy, according to an article in Fast Company. About half of workers over 55 wind up in the ranks of the long-term unemployed. And about half who are re-employed report that their earnings are lower.
According to the article, these statistics may reflect employers who are missing a good bet. Older workers probably do less job-hopping, which lowers recruiting costs. And they bring a wealth of experience to their roles.