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Cracks in their financial nest eggs mean plenty of older workers are asking to stay on the job longer, but mature employees are more optimistic about their retirement prospects than a year ago, according to a new survey
Last year, 72 percent of workers age 60 and older said they were putting off retirement because they couldn’t afford it but this year that number is down to 65 percent, according to a survey of 500 people released Wednesday by CareerBuilder. Get the full story »
The good news on internships this fall is 27 percent of companies plan to hire interns to help them get through the rest of 2010. The bad news, at least for entry level workers, is 23 percent of companies say they’re seeing more applications for those jobs from experienced workers with more than a decade or experience and mature workers over the age of 50. Get the full story »
Fast Company | The Windy City has a strong startup culture, lots of federal research dollars, and talented fourth-generation entrepreneurs, says Fast Company magazine. In an article on Chicago’s business culture, Fast Company interviews Matt McCall, a partner at New World Ventures and managing director at DFJ Portage. McCall notes that Chicago is home to many of the largest companies in the U.S., and that the city “is where many Internet mainstays were launched, from the jobs site CareerBuilder and travel service Orbitz to RSS technology innovators Feedburner.”
McCall describes a typical Chicago entrepreneur as “incredibly capital efficient because obviously capital is scarce in the Midwest…they tend to be very collaborative and cooperative.”
Get the full story: fastcompany.com.
