Millions of older workers will pay a big financial price due to the coronavirus
More than 30 million Americans—about one-sixth of the U.S. workforce—have now been laid off in the last six shattering weeks. One in six. It’s almost impossible to grasp such a mind-numbing figure.
They always have been. Even in good times, and laws not withstanding, age discrimination is rampant. There’s also a perception among potential employers—unfair though it may or may not be—that older workers want too much money, aren’t up to date on certain skills, and won’t mesh well with younger colleagues.History offers a lesson in what the future holds for older Americans hoping to get back to work.
“HR professionals were talking about discrimination against the long-term unemployed, and how some organizations were actually talking about how they weren’t looking for people who had been unemployed for a certain amount of time.” This is clearly discriminatory, of course. “Employers lack a clear sense of which way the world is going,” he says. “So they want to make as few commitments in terms of making their products of services as they can. Employees are a major commitment.”
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