11/14/2014 – Is 45 the new old age in the workplace? (CNN Money)

Nov 17, 2014 Comments Off by

There’s been no shortage of press about how older workers face discrimination in the workplace. In 2012, researchers at Clemson University showed that 30 percent of people over age 53 faced some kind of discrimination due to their age. Companies still advertise for “young-thinking” employees. In the U.K., a third of folks in their 50s and older say they face some kind of age-related problem everywhere, from bad restaurant service to discourtesy in public.But you don’t have to wait until your 50s to be washed up. According to the University of Technology, Sydney, adults age 45 who lose a job may never find another.

Experts say this could become a serious issue as governments, including Australia’s and the U.K.’s, look to increase the minimum age for pension programs. Workers have fewer prospects for jobs but have to wait longer to receive retirement money.

Read the full article at CNN Money.


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