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[quote=Anonymous][quote=Anonymous]We are a Fed family and locally know mostly either other Federal employees or BigLaw/lobbyist employees.

We have some family in friends in a variety of fields, such as hardware tech companies, biochem, health insurance, etc and all of them seem to be going through rocky careers transitions in their 50s.

Many have been laid off after being there for 20 years, then getting a new job for less money at a smaller company, rinse and repeat.  Or they are just laid off and desperately trying to re-tool their careers and get back to work.

Is it really that common to be laid off in your 50s, or is it just our skewed sample size with our friends and family?  Obviously we don't encounter that at our workplace, but at same time we haven't sen the soaring stock values in an EPP so there are obvious tradeoffs.[/quote]

Just jumped on the thread, so didn't read the other responses.

Ha ha ha ha. I'm over 50, and wow. It's a whole new world up here.

Many of my friends and family around the nation have been laid off as soon as they got into their 50s. Lots are consulting, a few retired and live now on family money, several have gone into teaching, some are scratching around at part time and freelance work after full careers. Many are making less money.

I have two Ivy degrees and great work experience in my field. In my 40s, I was offered every job I applied for. I thought it would be easy to get back into the work force any time I chose, so I stepped back to deal with some family issues.

Stupid me, I stayed at home for too long. Now, in my 50s with a big gap in my resume, no one will even look at me. I can't get any interviews. Nada, nothing. It's astonishing to me, but that's the way it is.

DH is in his 50s, and holding on for dear life, as are most of our friends. Jobs are scarcer, and there are always younger workers, willing to work for less money, eager to replace you when you are in your 50s.

Age discrimination is rampant, and there's nothing to stop it. [/quote]

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