Lay-offs are becoming 'Gray-offs'



Posted on September 21, 2010 at 1:23 PM

Finding a job these days can be tough.

It's even more so if you're over 50 years old.

Jim Lakin is an electrician, but at 59 he's finding his experience can actually work against him.
"On my resume I have how many years of experience I have and that pretty much tells you I'm a little bit older, and I don't get a lot of calls back," he says.

At 63, customer service manager Dana Evanson is trying to find her place in a shrinking job market.

When she is not working around the yard, she's on her computer looking for a full time job.

"As I went along I was told in several of the jobs that I was over-qualified and they were afraid I'd get bored, but conversely I don't want to starve to death either," she says.

According to the Labor Department, for people over 55 it takes 39 weeks to find work, the longest time span for any age group.

Jim Lakin hopes there's a full-time job out there, but he knows it won't come easy.

Dana wants to work until she's 70, but she knows that times have changed.

Still it won't keep her from trying.

Out of the nearly 15 million people unemployed in the country 2.2 million are 55 or older.

Nearly half of them have been unemployed six months or longer.