Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (46673)	3/22/2011 11:35:36 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68391

That is an ongoing challenge for a lot of the baby boomer in a lot of highly skilled sectors. The boomers need to keep working longer since the financial destruction of the stock market and housing the last few years, but companies are looking for younger employees with intermediate skills as they don't want to pay for the more experienced staff. The result is that boomers will stay unemployed for years. Even though they would take less money, employers don't perceive it that way. On the flip side it takes time for the boomer to accept that they need to take less. It is worse in the tech industry. You are considered senior staff by age 30. By age 40 you are considered over the hill. You need to have drop in replacement skills to keep working as no one will train staff these days. The expense is just too much.