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Background
We are witnessing a new stage of life - after midlife but before true old
age - spanning several decades and characterized by generally good health,
relative financial stability, and an active, engaged lifestyle. Rather than
representing a liability for society, it provides a somewhat unexpected asset
- in the form of unprecedented human capital. The question is not whether
Americans will work past "traditional" retirement age, rather
what kind of work will they do?
According to the recent Encore Career Survey by the MetLife Foundation and Civic
Ventures more than 5.3 million Americans have already launched an encore career
and nearly half of those surveyed between the ages of 44 and 70, are interested
in finding an encore career that combines continued income, personal fulfillment,
and social impact. They want to use their accumulated experience and skills
to work with youth, improve our environment and make a difference with a local
nonprofit. Respondents most interested in social purpose careers tend to
be the youngest: 50 percent of boomers ages 44-50 say they want encore careers.
This desire for meaning in the post-midlife years has the potential to meet
widening human resource shortages in sectors like education, environment, health
care, and social services. However, most 50+ adults think it will not be easy
to find jobs where they can make a difference. Many will need to add specialized
learning to prepare for and succeed in these new roles.
Community colleges - most of which have excellent workforce programs and services
in place and have developed strong relationships with local employers - have
an important role to play as the connecting link between boomers seeking encore
careers in the social sector and prospective employers.
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