Thread regarding Wells Fargo & Co. layoffs

Employers are going after older workers with new programs

Wells Fargo needs it's older, more experienced employees.

https://www.aarp.org/work/working-at-50-plus/info-2018/older-workers-programs.html

Good News for Job Seekers Over 50

Employers are going after older workers with new programs

by Shelley Emling, AARP, April 4, 2018

The job market is looking bright for older Americans who are looking for jobs.

If you think older workers are sitting around twiddling their thumbs, hesitant to contact employers in a tightening labor market, you'd be wrong. In February, the unemployment rate for those 55 and older was 3.2 percent — nearly a full point lower than the overall 4.1 percent rate for the entire U.S. population and drastically lower than the 14.4 percent rate for teens.

Indeed, the groups of workers 65 to 74 and 75 and older are predicted to grow faster than any other age segments through 2024, according to the Bureau of Labor Statistics.

With more people eager to work well into their golden years, companies are taking action to lure mature job seekers with a variety of innovative programs.

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| 947 views | | 5 replies (last April 6, 2019) | Reply
Post ID: @OP+YqnLcSz

5 replies (most recent on top)

https://www.washingtonpost.com/us-policy/2019/03/01/baby-boomers-parting-gift-workforce-one-last-mess/?utm_term=.fb91d8a3600d

Baby boomers upend the workforce one last time

As older workers look to retire, companies reckon with how to replace departing skill sets

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Post ID: @1bkb+YqnLcSz

This article is complete BS. WF only wants minimum wage employees where they can spend the absolutely minimum in benefits. Older workers cost more - health care, vacation, etc.

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Post ID: @yxc+YqnLcSz

Only applicable to jobs outside of technology required limited skills... part time at low wages.

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Post ID: @toq+YqnLcSz

Probably just about every large US based corporation is like this, especially every other large bank.

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Post ID: @tmn+YqnLcSz

All a bunch of false propaganda.....they are trying to reduce payroll, and not keep expensive payroll on board. Please don't insult our intelligence with this rhetoric. All articles that come out like this one, are false, and you can be totally assured that Wells Fargo has hatched up so many scenarios to make themselves look good with the public, and they are soooooooooo great with treating people right; "SAID NO ONE EVER". Just like the PR regarding donations and charitable causes you see online. ALL JUST A BUNCH OF BS. Just a bunch of bandit's and thieves. The Bank will be ultimately be broken up and dissolved. What a bunch of "spinner's of the truth".

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Post ID: @amt+YqnLcSz

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