Intel Layoffs Spotlight Plight of Aging Workers – OregonLive.com

People over 40 were two-and-a-half times more likely to lose their jobs in this spring’s layoffs than Intel employees under 40.

Source: Intel layoffs skew older, spotlighting plight of aging workers | OregonLive.com

Intel is obviously not in the insurance business but I felt this was an excellent article on ageism and the fate that awaits virtually everyone in the corporate world.  As strange as it sounds you really have to plan on doing something else before you need to do something else.

In my part of the country the current state of the energy industry has and will continue to affect many families.  If you’ve held a highly specialized position in energy the chances of finding a comparable job somewhere soon is slim.  Time to do something else.

Plan on earning less than you thought you would be earning.  The probability of this occurrence is higher than you think.  Find some other line of work, either your own small business or a company who appreciates old people.

Better yet, don’t get old.

 

How Hometeam Is Disrupting the Senior In-Home Care Industry – Fortune

Source: How Hometeam Is Disrupting the Senior In-Home Care Industry – Fortune

There is value in treating people as assets rather than just an expense.

So if your Mom or Dad needs home healthcare who would you hire?

A company whose employees are committed to caring?

Or a company whose contractors don’t give a shit?

What if you needed help?

Bruno rejects the popular independent contractor model, and that’s partly what sets his company apart from the competition. But it’s also very costly. Bruno declined to publicly disclose annual revenue numbers, but he said Hometeam’s profits are actually lower than most companies in the industry because of its non-traditional business model.

The caregivers at Hometeam are W-2 employees with healthcare benefits, 401-K plans and a career progression path. The company rigorously vets its in-home aides and pays them about $15 an hour – 30% to 50% more than the hourly industry standard wage of $9.50. Clients pay about $20 an hour for the service.

326,000 Native-Born Americans Lost Their Job In November: Why This Remains The Most Important Jobs Chart | Zero Hedge

According to the BLS’ Household Survey, while 375,000 foreign-born workers found jobs in November, a whopping 326,000 native-born Americans lost theirs.

Source: 326,000 Native-Born Americans Lost Their Job In November: Why This Remains The Most Important Jobs Chart | Zero Hedge

Interesting statistics.  Just sayin’, you know?