Civic Engagement in an Older America E-Newsletter

March, 2012

CONTENTS

Resources

Purpose, Passion, and a Paycheck in a Tough Economy

Understanding the Older Entrepreneur

Labor-Force Participation Rates of the Population Age 55 and Older, 2011: After the Economic Downturn

The Nextnik

Events and Opportunities

Ninth Annual What’s Next Boomer Business Summit

Preparing Ohio's New 50+ for 21st Century Jobs

America's Outstanding Oldest Worker

AARP Isolation Grants Program

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Purpose, Passion, and a Paycheck in a Tough Economy

A new study supported by the MetLife Foundation and Civic Ventures, illustrates how the current economy has affected encore career interest and plans for encore careers. Results show that boomers have tempered their expectations at the same time exhibiting resilience and an unwillingness to give up on efforts to create a better world for future generations. This research also found that more than 12 million Americans ages 44-70 want to start small businesses or nonprofits that create jobs and meet community needs. For a synopsis of research findings on encore entrepreneurs, click here.

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Understanding the Older Entrepreneur

This International Longevity Center-UK report delves into whether entrepreneurship could be a valid continuing career option for those approaching state retirement age. The report’s findings allow us to answer: How many older entrepreneurs are there? What motivates a person to become an entrepreneur? What will make older entrepreneurs retire, when they eventually do? How many businesses have older entrepreneurs been involved in starting? What are the characteristics that mark an older entrepreneur?

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Labor-Force Participation Rates of the Population Age 55 and Older, 2011

After the Economic Downturn: This Employee Benefit Research Institute (EBRI) article concludes that the recent economic downturn did not alter the trend of older workers increasingly being in the labor force. It states, however, that this trend is almost exclusively due to the increase of women in the work force; the male workforce participation rate is flat to declining. The article concludes that this trend is due to more opportunities for older workers to remain in the work force and a greater necessity for them to remain in the labor force to accumulate sufficient resources for retirement.

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The Nextnik

Mike Kravinsky’s new online series chronicles a Baby Boomer’s struggle to reinvent himself after being fired abruptly from his upper-middle management job. The series of six episodes follows 55-year-old Larry Zimmerman who, after being let go from his job, realizes that he’ll never get another job in the same field with the same income level; therefore, Larry decides to start over and try something new. The series highlights some of the Baby Boomer angst of growing old and—to some extent—getting pushed aside in their professional lives.

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Ninth Annual What’s Next Boomer Business Summit

Subscribers to this e-newsletter receive a 20% discount off registration to the ninth annual What’s Next Boomer Business Summit on March 28, 2012, from 7:00am to 6:00pm in Washington, DC; to receive the discount, use code wndc12gsa upon checkout. With a theme of “The new normal…a groundswell in social media, surge in the services economy, and rise of the independent sector,” the summit will include four primary tracks: Entrepreneurship! Encore Careers and Personalized Business Models; the Innovation of Frugality; Integrated Media and Marketing: Social, Mobile, Gaming; and the New Service Economy: Housing, Caregiving, Mobility, and Healthcare. Attendees of this summit include leaders of innovation in government agencies; designers of products and services; media, analysts, authors, and bloggers; association and non-profit leaders who want to learn best models and metrics of social entrepreneurship and business partnerships; and corporate brand managers at companies where boomers and seniors are the primary customers. To receive updates via Twitter, follow @WhatsNextBoomer and track the hashtag #BoomerSummit.

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Preparing Ohio’s New 50+ for 21st Century Jobs

The Ohio Department of Aging is teaming with state and local partners to launch the state’s new Civic Engagement Initiative at a statewide event on Thursday March 15, beginning at 9:30 am. The event will inform attendees about the current jobs situation, resources, and the initiatives the department is spearheading at the state level to meet the needs of older workers, learners, and volunteers. The Civic Engagement Initiative expands the focus of lifelong learning and volunteerism as tools for increasing job readiness among adults age 50+. For more information, and to register, click here.

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America’s Outstanding Oldest Worker

Experience Works, the nation’s largest organization serving older workers through the Senior Community Service Employment Program (SCSEP), announces its search for America’s Outstanding Oldest Worker for 2012. The annual recognition, now it its 14th year, is part of a national effort to raise awareness of the contributions older individuals make in today’s workplace and provide inspiration to older workers seeking employment. Nominees must be 100 years of age or older and working at least 20 hours each week in paid employment. The nomination form is available here. The deadline for nominations is April 15, 2012.

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AARP Isolation Grants Program

The AARP Foundation is issuing a Request for Information (RFI) in connection with its work on isolation and low-income adults age 50 and older. The Foundation hopes to learn what organizations across the country are doing to help older Americans have the level of contact with others and involvement in community that supports healthy, engaged living. The Foundation will use the results from this program to shape grant-making efforts around isolation. The RFI submission process will end on March 16, 2012 at 11:59 pm ET. To learn more, click here.

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The CE E-Newsletter is the E-Newsletter of GSA's Civic Engagement in an Older America Project. The "Civic Engagement in an Older America" project is supported by a grant from The Atlantic Philanthropies.

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