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Too old to work, too young to retire
May 1, 2014 - 6:58 AM
It has become very hard for
qualified workers over 50 to find a new job. International companies in
particular increasingly prefer hiring young managers. (SRF/swissinfo.ch)
Swissinfo, a service of the Swiss Broadcasting Corporation, says that former
banker Niklaus Gnädinger is 55 years old and has a family to look after. He lost
his job four years ago. Despite a university degree he wasn’t able to find new
work in his field. He started driving a taxi, but had to stop because of sight
In 2004 around 3,800 degree-educated over 50-year-olds were unemployed. By 2013
it was over 6,100.
According to recruiters, big corporations are becoming less willing to invest in
training older staff.
Johannes Grässli is 61 and has become unemployed for the first time. With the
aid of a human resources consultant he practises job interview situations with a
video camera. The goal is to learn how to best sell his strengths.
Today over 40% of the long-term unemployed in Switzerland are over 50. Many are
Even after hundreds of applications they can’t find work. The many rejections
lead to frustration. Many in Grässli’s situation don’t like to talk about their
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