The labor market has crushed them. 40-year-olds return to education


More and more specialists over 40 years of age in the USA decide to return to their studies. They choose fields related to new technologies, data analysis or health care, hoping to have a quick impact on their careers.
See also: USA. Expectations to find a job are at an all-time low
Experts emphasize that this is the result of an uncertain labor market and the growing requirements of employers. According to Fortune magazine, this year's US job market is grim to say the least. The number of layoffs has reached its highest level in 14 years, the number of job offers is almost unchanged and the number of people quitting their jobs is falling rapidly. People feel blocked and discouraged, especially since many candidates have been looking for a job for a year.
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Experts point out that the rule: “the more education, the better the job” no longer applies. Nevertheless, employees over 40 see their opportunity in further education.
A new trend as a response to the crisis? More and more 40-year-olds are returning to school to find a job
The trend was noticed by, among others, Kelsey Szamet, lawyer specializing in labor law. In an interview with Fortune, she admitted that people over 40 years of age return to postgraduate studies or obtain certificates.
The most popular studies are related to AI, mechatronics, robotics, automation and construction engineering.
See also: You may still hear this question during a job interview. Find out why
According to data from Hanover Research, cited by Fortune, these are the fields that offer the greatest development prospects and higher earnings. More and more people are leaving industries where wages are stagnant or there is no sense of security.
A year of study at a master's degree program in the USA costs an average of 43,000. dollars, i.e. almost 70 percent. average annual salary. Experts warn that not all directions guarantee a return on investment.
IT, engineering and nursing are among the most profitable, but as much as 40 percent. Master's degrees do not provide real financial benefits or a chance of success on the labor market.




