Baby Boomer Job Hunting

People in their 50s and 60s might have a lower overall unemployment rate than their younger counterparts. But when they lose a job, they have a harder time returning to the workforce. Midlife and older job hunters are concerned that their age will hurt their chances of landing work, especially if they’re looking while unemployed.

66 percent of people ages 55 to 64 who are unemployed have been out of work for more than six months, according to an analysis of 2012 census data. That’s more than twice the number of those under 25 who’ve been out of work six months or more.

Ageism is one reason it’s harder for older workers to find a job. Potential employers fear – justly or not – that older workers won’t be able to keep up, won’t know the latest technology or will put in a few years and then retire. To counter these fears and get strategies for success, see the entire article here.

Job Search Tax Deductions

When you're job searching, it's important to keep track of your job search expenses, because these costs may be a tax deduction when you file your income taxes.

If you've been looking for a job in the same line of work you're currently in, many of your expenses like phone calls, the costs of preparing and copying your resume, and career counseling are deductible. You don't have to be out of work to have some of your costs qualify as a deductible expense, but only expenses that exceed 2% percent of your income count.

Be sure to include as income your severance and unemployment, they are taxable. See the complete article here.

Resume, elaborate: Problem, Solution, Results

Use the PSR – for “problem, solution, results” — methodology to punch up your experience bullets and provide a brief project summary.

So what is this magical PSR methodology? In a nutshell, it’s a classic writing technique that authors have been using for years. Instead of providing information in a vacuum, you lure in reviewers by defining the challenge you’ve faced, your course of action and the results you achieved.

• Define the Problem
• Describe the Solution
• Outline Your Impact

The final step is to edit all of this into powerful accomplishment bullets, project summaries and interview vignettes. For more detail and an example, see the complete article here.