Older Workers at Risk for Long-Term Unemployment and Dwindling Financial Returns -- New Book Illuminates Possibilities Despite Gloomy 2005 Job Market

"In today’s business climate where companies are constantly right sizing, down sizing and re-structuring, more and more people are waking up to the harsh reality of job insecurity," says 'human capital' expert Eva Jenkins, "And for some workers, that reality is long-term joblessness."

Washington, D.C. (PRWEB) October 26, 2005

"In today’s business climate where companies are constantly right sizing, down sizing and re-structuring, more and more people are waking up to the harsh reality of job insecurity," says "human capital" expert Eva Jenkins "And for some workers, that reality is long-term joblessness."

A visionary entrepreneur based in the nation's capital, Jenkins is the driving force behind VIP Staffing and VIP Innovations. She is also co-author of the soon-to-be-released Conversations on Success (ISBN1-932863-85-0), a new book featuring up-close-and-personal interviews with 17 business leaders "who found opportunity in adversity and forged their success against the odds." Each interview focuses on a different entrepreneur with a unique perspective and a personal story.

Dwindling Returns for Older Workers

Jenkins is especially sensitive to the plight of older workers who find themselves job-less for the first time in decades. "Workers in their 20s, 30s and even 40s are still mid-career and have a wide range of options," she notes. But when companies downsize, "They fire mid-level and senior level managers…the employees who are likely to be over-50 and equally likely to find new employment opportunities extremely limited," says Jenkins.

The most recent "Worker Displacement Study" from the Department of Labor bears our Jenkins' concerns. Statistics reveal that while 82 percent of workers aged 24-54 will be re-employed if they lose their job, the figure drops steeply to 60 percent for workers aged 55-64, and "plummets to 35 percent for workers over 65," Jenkins reports.

Former First Lady Address Issue

At a recent luncheon hosted by The Forum of Washington Women, keynote speaker and possible Presidential candidate Sen. Hillary R. Clinton was also focused on the changing face of today's workplace. Jenkins, who attended the event, says, "Sen. Clinton was concerned that while the national GDP has an upward curve, the country hasn't created any new management level jobs in four-and-a-half years."

"Today’s economy is forcing more and more people to work for themselves," says Jenkins. As the face of the workplace changes, workers and especially older workers suddenly find themselves in for a change. The good news is that for many people, it's a change for the better.

"The professionals in Conversations on Success have found that the equation for happiness includes "personal satisfaction and fulfillment," says Jenkins. As entrepreneurs, small business owners, and independent consultants, they've all found that there's life after downsizing…and it's the good life!"

Conversations on Success will be available online at Amazon.com in mid-November "in time for the holidays," says Jenkins. "This way people can give the gift of hope along with that fig cake that keeps getting passed around," she laughs.

About VIP Innovations:

VIP Innovations, a division of VIP Staffing, LLC, offers a variety of “high performance” management consulting, training and assessment programs. For information on VIP Innovations call (202) 973-0179 or visit the company’s website at http://www.vipinnovations.com.

For more information, contact:

Eva A. Jenkins

1717 K Street, NW

Suite #600

Washington, D.C.

Phone: (202) 973-0179

Website: http://www.VIPInnovations.com

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