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Career Advice

The “Unretirement” Boom

March 13, 2024

Career Advice

The “Unretirement” Boom

March 13, 2024

Photo by Marten Bjork on Unsplash

The phenomenon of “unretirement,” where retirees re-enter the workforce, is gaining momentum. Recent data from Nationwide reveals that one in three current retirees are contemplating a return to work, driven largely by desires for increased social interaction and to alleviate boredom. This trend is reshaping the landscape of employment and prompting a reevaluation of workplace dynamics across generations.

A Myriad of Reasons

The reasons behind this shift are multifaceted. Beyond the social aspects, financial considerations also play a significant role. As Chloe Berger writes in an article for Fortune, economic factors and the desire for a more active lifestyle are influencing retirees’ decisions to unretire.

This blend of motivations underscores the complexity of the unretirement phenomenon and its implications for the workforce.

Ensuring an Equitable Process

One of the critical challenges in this evolving landscape is ensuring that job search and interview processes are inclusive and accessible to seniors. In a competitive market, seniors may face biases or hurdles related to age.

Smith suggests that tailored job search and interview tips for seniors can help level the playing field, enabling them to leverage their extensive experience and skills effectively.

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Read full article here

The phenomenon of “unretirement,” where retirees re-enter the workforce, is gaining momentum.
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