Expertise in the New Economy

The New Economy I refer to is the economy of the USA experienced in 2010.  We still have double-digit unemployment and are experiencing a "jobless economic recovery" (whatever that means).  Aging baby-boomers have reached the age of 62 or more.  With few jobs and thousands of job applicants for each available job, many older workers find themselves on the sidelines.  Their education, expertise, and experience makes them too highly qualified and too expensive for the businesses to hire them to fill open positions.

Younger workers have more recent college degrees and have worked with new technology.  Recruiters rely more on computer programs to sort through the thousands of job applicants.  The technology programs are not geared to work with the experience of older workers and frequently eliminate these workers from further processing.

Social networking and other technology is beginning to make a bridge which will allow older workers to leverage their education, expertise, and experience while remaining independent of other companies.

These areas require more research and development to see how aging baby boomers can continue to remain productive while earning sufficient income to enjoy a quality lifestyle.