'Older Workers' Are Getting Phased Out
Older workers face a brave new world: 56% of employees over 50 have been pushed out of their longtime jobs, according to recent analysis from ProPublica. And of those workers who find employment at all, only 10% end up making as much as they did before. How can workers protect themselves? First off, know your rights. Also, everyone — no matter their age — ought to focus on keeping their skills fresh, LinkedIn’s Dan Roth tells “CBS This Morning.” And in the meantime, Roth adds, line up a side hustle. “If you have a high likelihood of being pushed out, then you want to make sure there’s something you can fall back on.”
Be prepared. Make sure you are working on things that are 1) measurable, 2) not easily transferable and 3) new and different and 4) hold a high learning curve. Up your savings or the amount withdrawn from your pay for retirement. Start the side hustle. Stay in shape. Work for a comapny that LIVES its...
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