Aging unemployed Americans struggle to find work

363,222
0
Published 2011-04-03
Despite improving job data, older unemployed workers are having more trouble finding work, as companies favor less-experienced, cheaper candidates. Tracy Smith looks into what it takes to find a job for an unemployed baby boomer.

All Comments (21)
  • You've all heard it before. "We can't find qualified workers". What this really means is companies want you to have 30 years experience but only be 35 years old, work 50-60 hours a week, and start at an entry level salary.
  • @downloadgoblin
    Applying for a job at 50+ "Sorry, too old." Applying for a job out of college "Sorry, not enough experience."
  • @BD-to6md
    I’m so fed up with how this world works. Wonderful human beings treated like disposable capital.
  • @scarytexan7385
    They can work in Congress dementia is the only skill you have to have.
  • I am 35 years old and found out that I didn't get a job I went for because the company wanted people under 30. Ageism is horrible!!
  • @crazygram9777
    I lost my job in January, I’m 62, I have applied at so many places, no calls. It’s really sad.
  • @erodz2943
    This scares me. I'm 46 and putting as much as I can into my retirement funds.
  • I know how it's like. I got laid off from 2 great paying jobs. When I turn 50, couldn't find any job in my field. So I took a part-time job as a crossing guard, crossing kids near my house(10 minute walk🚶‍♂️). Just turn 62 & file for early social security, as well. Not the best paying job, but it's the most fun job I've ever had. The smile 😀 on the kids faces make it so rewarding that I truly love what I do, something that I never experience before.😀
  • I feel so bad for these 40 to 60 year olds who are unemployed. It all goes back to 2008. The damage still ripples.
  • if your over 50, cut your spending, pay your savings first, downsize your home, stay healthy. Yeah, hunkerdown. this is the new economy for over 50 yr old people.
  • @photopicker
    Good god this was posted in 2011. I am going through this NOW!
  • I got a job at 59. But I've been in sales all my life. I was given the key to the place within a few months. I know older people are loyal, dependable and trustworthy. And those are the exact words my employer used to describe me. I'd like to add another word. Grateful!
  • @truthhurts3532
    CBS / Tracy Smith should do a updated 2022 report on where these older unemployed workers are, 11 years later‼
  • @earthminus10
    It's absolutely age discrimination. I've been out looking for work and in the last two weeks I was denied for positions. They don't say it's your age but when you walk into the interview you can tell by the looks on their faces and how fast the interview ends
  • @ROYALP100
    This happened to my wife, they laid off everyone in her department but her why, well she's already doing the job of 2 people..She has no college degree and yet the managers come to her for most of the answers, she's a trainer as well and she learns fast...It would take a least a year for any kid coming out of college(BA, PHD) to get up to speed with want she knows and yet my wife is very humble.
  • @dougfries7759
    when I was 50 I was looking for work it was hard. lots of experience but age was a factor. I did find a full time job but it was low wages. to make long story short God gave me a really good job. it is a blessing .I'm 60 now and hope to run with this one till I retire. Thank you Lord
  • @DaRunTingsCrew
    It's only the greatest country in the world... If you got money.
  • @juandiegas8211
    So people at 79 are just about as viable as they were when they were 65 says the doctor? Most people simply don't survive their 70s, much less make it to 79. Dead is not viable. 100 is the new 60 and so it goes. Don't worry, your social security will be there when you reach the new retirement age of 105. Wow. I knew people in pretty good physical shape who all died between ages 65 and 70. I have seen very active viable 70 year olds dead at 73. This is a fantasy that people live so much longer so they can work like dogs until they drop.
  • @eduardoc6441
    This video was posted 10 years ago, I would love to see a follow up and know how they are all doing today. I would love to hear that most of them were able to find work.
  • @pamalford8319
    I worked in healthcare for 30 years before losing my last job in 2009 at the height of "The Great Recession". I was 57 at the time, and as the lady from Boston College predicted, I was not able to find another job either in my field or anywhere else. Prospective employers either claimed I was "overqualified" or "underqualified" or had "been out of work in that area ONE month too long (I'm not kidding"), or did not bother to respond to my applications at all. I finally gave up after three years and hundreds of job applications. I was 60 by now, and was forced to accept the fact that I was no longer employable.