55 year old - been searching for job for almost 2 years

[Anonymous]

My neighbor is 47 and has been laid off for 22 months. Middle management level. His wife is a SAHM who doesn’t work. They’ve been living off savings.

Any job is a good job. Get a job.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Husband is the breadwinner and out of work. I gave up my career to raise kids and would be hard to get back in after 7 years out of the professional workplace.

Oh no, you're being lazy - schools are always hiring. You can get an office job or cafeteria helper type job at your children's school, or you can substitute teach. If you get a bus driver job, they will pay for you to get your commercial driver's license. There are also retail jobs and temp agencies.

She said her kids are in college.

No kids at home and the savings and investments that a family at the VP level should have means that the OP has tons of freedom to look for any kind of job, even if it is an entry level receptionist type position.

[Anonymous]

If the kids aren't working, they should get jobs ASAP. Also, kids can get student loans to pay for college, but there are no loans to pay for retirement.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Im 54 laid off 10 months. Svp level.
Can he set up an llc so the gap doesn’t seem so large? What about adjunct prof jobs or teaching jobs ?
Board positions ( non paid)
I’m looking at all these

I'm sorry, but we (hiring managers) see right through that trick.

You are a dick. Don't speak for all of us (hiring managers). We don't all think a gap is a suspicious kiss of death. Is that really what you home in on?

[Anonymous]

Anonymous wrote:The kids are in college, the husband is unemployed, and the wife won't also look for any kind of job herself?

Wow.

She will only make some sub $100k salary, while he usually brings in $1M or so, so yeah it seems pointless for her to look.

[Anonymous]

My kid just started college and starts his first job on Friday.
Where is all the money your partner made?
Your investments should have grown 50% in the last two years.
I made $13k today in the market. I never earned more than $40k a year, but I build up investments just in case I'm let go. I also have three employers waiting for me to come back to work.
What about the experience and connections your partner should have?
Why are you not working?
Why are the kids not working?
You got to be able to pivot fast.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Husband is the breadwinner and out of work. I gave up my career to raise kids and would be hard to get back in after 7 years out of the professional workplace.

Apparently it's also hard for him to get back in after 2 years out of work, so you should both be looking. Your kids are in college, they do not need you at home anymore.

+1

[Anonymous]

Anonymous wrote:Most people I know who have been fortunate to get jobs after age 50 get them through their network.

If money is an issue, I would suggest you look for a job as well, OP, especially since your kids are off at college.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:The kids are in college, the husband is unemployed, and the wife won't also look for any kind of job herself?

Wow.

She will only make some sub $100k salary, while he usually brings in $1M or so, so yeah it seems pointless for her to look.

If he was pulling in "$1M or so" for a decent amount of time he wouldn't have to, as OP said, "work for another 5 to 10 years."

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The kids are in college, the husband is unemployed, and the wife won't also look for any kind of job herself?

Wow.

She will only make some sub $100k salary, while he usually brings in $1M or so, so yeah it seems pointless for her to look.

If he was pulling in "$1M or so" for a decent amount of time he wouldn't have to, as OP said, "work for another 5 to 10 years."

She had her eyes on a retirement home in Europe.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Im 54 laid off 10 months. Svp level.
Can he set up an llc so the gap doesn’t seem so large? What about adjunct prof jobs or teaching jobs ?
Board positions ( non paid)
I’m looking at all these

I'm sorry, but we (hiring managers) see right through that trick.

The trick is not to fool you but your AI screener. He won’t get a chance to talk to you if AI rejects his resume because he has a gap in employment.

[Anonymous]

Anonymous wrote:My kid just started college and starts his first job on Friday.
Where is all the money your partner made?
Your investments should have grown 50% in the last two years.
I made $13k today in the market. I never earned more than $40k a year, but I build up investments just in case I'm let go. I also have three employers waiting for me to come back to work.
What about the experience and connections your partner should have?
Why are you not working?
Why are the kids not working?
You got to be able to pivot fast.

NP.
Agree, they need to pivot fast. But I don’t think PP understands this industry.

Btw, no VP in tech in corporate America was making $1M. My partner was an SVP and not making close to that. The posters above are clueless.

Op, there are no jobs in tech right now. My dh was laid off 2 years ago and nothing.

Your dh needs to pivot and so do you. Look for a job. My family is living on my salary now.

[Anonymous]

Anonymous wrote:No one is hiring, and they use AI to run layoffs so they certainly don’t need to hire someone in HR

Agree.

HR field isn't hiring.

[Anonymous]

Anonymous wrote:If the kids aren't working, they should get jobs ASAP. Also, kids can get student loans to pay for college, but there are no loans to pay for retirement.

Home equity loans ?

[Anonymous]

Sell either the primary home or the vacation home.