Older Americans Gain Jobs Fastest

By: Associated Press
By: Associated Press

Newly revealed statistics suggest the most compelling quality a job seeker can possess in today's employment market apparently is to be over the age of 55.

An analysis of federal employment data by the outplacement firm Challenger, Gray and Christmas shows the number of people in their 50s, 60s, 70s and even 80s who are working is at a record high.

As of August, 24-point-six (m) million workers were 55 and older, and about a-quarter of them were 65 and older.

However, it's likely that it'll be harder for older job seekers to find positions, and not because of age discrimination.

Challenger, Gray and Christmas says the competition will come from job-seeking baby boomers, 70-percent of whom plan to stay in the workplace beyond the traditional retirement age of 65.

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