Yeah, there were a lot of near retirement workers who had their 401k/pensions wiped out by the financial crisis. I've met quite a few who pushed back retirement 7-10 years to rebuild their savings. Now that bond rates are up, they're headed for the exits en masse.
The industry that wasn't affected by a large demographic of near retirees was technology. Because age discrimination was built into the culture. Not a lot of old programmers sticking around. They get RIFed right outta here. So while there is a shortage on teachers, nurses, trades, and police there is a surplus of junior and mid-career tech workers.
Hell I’ve tried those just to get some income coming in, but nothing. They claim “fast hiring process”, and then it’s two weeks later and I just see the same damn positions reposted.
Interesting. There might be an incentive to reject overqualified candidates who the hiring manager might deem to much of a waste of time to train if they are likely to end up leaving within a short amount of time. But I was just making a tongue in cheek comment about how different roles experience different supply and demand.
The industry that wasn't affected by a large demographic of near retirees was technology. Because age discrimination was built into the culture. Not a lot of old programmers sticking around. They get RIFed right outta here. So while there is a shortage on teachers, nurses, trades, and police there is a surplus of junior and mid-career tech workers.