The unemployment rate continues to rise for older workers not unlike myself. I have recently found employment, but I like many of my fellow older workers now find ourselves underemployed. However, older workers still are one of the highest groups that are suffering the long-term unemployment with this economy and continued recession. The average duration of unemployment for job seekers aged 55 and over was 52.4 weeks, compared with 37.4 weeks for those younger. Unfortunately, age has become the very reason why many are still unemployed.
In this age and with this economy, it seems that age discrimination is tolerable in many workplaces and has only gotten worse. If you're a worker who is over 50, you see the problem everyday in this tough job market. This isn't something made up, and there is a way to prove it. According to the Equal Employment Opportunity Commission, the number of age discrimination complaints filed has risen steadily. In 2006 there were 16,000 complaints filed. In 2010 there were over 23,000 complaints of age discrimination filed. However, proving age discrimination in court is very difficult. In 2009 the Supreme Court made a decision in "Gross v. FBL Financial Group." That decision handed down made proving age discrimination much more difficult than it is for race or gender bias. With that many older employees are reluctant to sue because proving it has gotten so much harder.
In this economy many companies to save money conduct a "reducing in force" layoff. The RIF when analyzed by demographics tend to see no relative bias when it comes to race or gender; however, age bias is definitely something that is seen prevalent. A couple of years ago I was part of a corporate takeover of one bank to another. Many who were not retained and therefore laid off were senior, middle and lower management, who all had many years with the bank.
Sometimes companies who do reduce their staff and layoff older employees see those who they think are near retirement and therefore are less guilt ridden about laying them off. They feel that the older worker has a financial cushion (which many do not). The mindset of many companies is that the older worker is the less productive worker and will cost them more in insure and lost time. The reality is that many older workers are very adaptable and that it is young women not older employees that cost more to insure because of pregnancy issues. Younger workers tend to take more time off from work than older workers and tend to get injured on the job more often than older workers.
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