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First “Age Bias Index” Tracks Changing Perceptions in the US Workplace

Wellesley, MA—January 29,2006- As part of its mission to make age-friendly workplaces the norm, RetirementJobs.com, the Web’s leading career destination for people aged 50+, today announced the first Workplace
Age Bias Index©, to serve as a barometer by which changes in the status and perceptions of age bias among employers, employees, and the general population may be measured.

The creation of the Age Bias Index was driven by a demand to track how changing perceptions of age bias may influence behavior of employers, workers, retirees, job seekers, and enforcement organizations.

Age bias will be an important issue in the midst of anticipated developments that economists have forecasted for the future of the United States over the next 20 years:

  1. High cost of entitlement payments for Social Security and Medicare
    brought by the aging of America’s 78 Million Baby Boomers.

  2. Plans by a majority of the Boomer generation to keep working, instead of retiring.

  3. With the number of younger workers increasing by only 3 percent by 2012, employers face a talent shortfall in key sectors (e.g. healthcare, technology, services, and education).

Age Bias Research Findings
Establishment of the Age Bias Index coincides with the publication by RetirementJobs.com of a major Research Paper entitled “Age Bias in the American Workplace: A “Fact of Life” Enters Its Own Phased Retirement.” The study, the first of its kind in five years, summarizes findings and recommendations based on research results from the company’s ongoing online survey of mindsets and practices of employers and 50+workers related to real and perceived age-bias.

For full details on the new RetirementJobs.com Research Report, or to download the study itself, see the related news on “Bright Employment Outlook for Age 50+ Workers” .

As the #1 career website for job-seekers aged 50+, RetirementJobs.com provides opportunity, inspiration, community and counsel to people over 50 seeking work to match their lifestyle. Our powerful, easy-to use job board connects experienced workers with thousands of jobs from Age-Friendly Certified employers. RetirementJobs.com is a strong public advocate and a catalyst to help employers retain, hire, and benefit from an experienced workforce.

About RetirementJobs.com
As the #1 career website for job-seekers aged 50+, RetirementJobs.com provides opportunity, inspiration, community and counsel to people over 50 seeking work to match their lifestyle. Our powerful, easy-to use job board connects experienced workers with thousands of jobs from Age-Friendly Certified employers. RetirementJobs.com is a strong public advocate and a catalyst to help employers retain, hire, and benefit from an experienced workforce.

Profiled by major media including ABC-TV, BusinessWeek, FORTUNE, The New York Times, and USA Today, the RetirementJobs.com website also offers vital information and inspiration for older workers including advice, news, success stories, and podcasts. The company is privately held and led by an seasoned team who’ve worked previously for major media brands (AOL, ABC, CNN, Disney, and Wm. M. Mercer), managed strategic relationships with leading e-recruiters (Monster, CareerBuilder and HotJobs), and helped build successes including Net-Temps and Salary.com.

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Press Contact: Patrick Rafter, RetirementJobs.com/617-901-2697 pr@retirementjobs.com ##
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