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Layoffs Aren't the End of the Road for Baby Boomers

Layoffs Aren't the End of the Road for Baby Boomers

BOSTON, MA -- (MARKET WIRE) -- 07/13/06 -- Job security is an elusive term -- just ask the baby boomer generation. When even the most experienced, high-powered executives are getting laid off, it sends a clear message to the entire working population that no position should be taken for granted. But for whatever reasons boomers are given their walking papers, recovery can be hard -- especially when retirement is only a few years away.

"It's hard enough for 20-year-olds to find positions that fit their level of expertise, so baby boomers, who have two to three times the experience, are facing even greater challenges," says Tom Tomai, managing director of Lee Hecht Harrison's New England Region. "Boomers are competing for fewer high-level openings with less-experienced applicants who will work for less pay."

Fortunately, when older applicants submit their resumes for prospective jobs, they don't have to show their age through their experience. Boomers want to focus on ways they helped their previous employer save money, bring in new revenue or accomplish team goals.

Tomai also says that when boomers prepare for interviews, they should plan to answer questions about salary requirements, being overqualified and career plans for the future -- i.e., retirement. "Do online research to make sure you're not overpricing yourself for the job you're applying for," says Tomai. "Emphasize your strengths and accomplishments, not the tenure of your last position. And if the interviewer seems concerned about an impending retirement, assure them you're not a flight risk."

Tomai says that most of all, job seekers age 50 and over shouldn't view getting laid off as a tragedy, but more as a time for reevaluation. Through Lee Hecht Harrison's career management program, What's Next?: A Road Map for Exploring the Rest of Your Life™, boomers can discover options and alternatives to help them transition into the next phase of their lives.

Established in 1974, Lee Hecht Harrison is the leading global career services company specializing in providing leadership consulting and career management services. Its focus is helping organizations and their employees deal with career transitions, career management and the effect of change on careers, work and employability. Visit www.lhh.com.

Contact:
Lauren Anderson (ext 115) or
Christina Jorgensen (ext 103)
Drizen-Dohs Corporate Communications
Phone: (818) 772-9555

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