PRESS - Released May 16, 2006 - RetirementJobs.com

Contact: Patrick Rafter
(781) 235-1329 (option 4)
pr@retirementjobs.com

RetirementJobs.com Launches: Resource Matches Employers with Growing Talent Pool of Baby Boomers and Active Retirees

Experienced Human Capital and Media Team Provides Solution for Employers Searching for Reliable, Service-Oriented Candidates

Wellesley, MA – May 16, 2006 – With today’s launch of RetirementJobs.com, employers now have a single, comprehensive resource that connects them with job candidates over age 50 who are becoming an increasingly important part of the overall labor market.

According to a groundbreaking study released recently by AARP and conducted by Towers Perrin, attracting and retaining mature workers is now a business imperative as they will make up nearly 20% of the U.S. workforce by 2012, up from 13%. In addition, with 76 million baby boomers set to reach traditional retirement age in the coming years, many companies are experiencing a labor shortage.

“Companies are acutely aware of the value of this experienced labor force, and are signaling that this demographic group is more necessary to attract than ever,” said Tim Driver, founder and CEO of RetirementJobs.com. “Now, there’s an easy and specialized place for recruiters to go to interact with this community of workers.”

RetirementJobs.com is an all-inclusive resource containing tens of thousands of job listings. Its job database is highly specialized specifically for job seekers over age 50. In addition to having the components of a state-of-the-art job board, the website offers vital and inspiring resources to its visitors such as advice, news, success stories and money tips. It even features radio-style conversations playable online that are led by former executives of CNN. The company’s Web presence delivers opportunity, inspiration, community, and counsel to people over 50 seeking work that matches their lifestyle.

“RetirementJobs.com is a resource that is clearly in the right place at the right time,” said Michael Smyer, Director of the Center for Aging and Work/Workplace Flexibility at Boston College. “Baby boomers and active retirees want to stay involved in the workforce. They are Internet savvy and having an all-inclusive site will go a long way in matching job seekers with appropriate positions.”

Employers have seized on this fresh opportunity to post jobs and prominently display their messages on a site customized to the career needs of workers over 50. Andrea Smith, Senior Manager, Talent Acquisition at Borders Group remarked, “Borders values the skills, life experience and work ethic that older employees bring to the work environment. We are delighted that RetirementJobs.com is bringing together companies and job candidates that suit each other well.”

About The RetirementJobs.com Team

The RetirementJobs.com founder and CEO ran the Careers business division for AOL, and was a Board Member and Senior Executive with Salary.com, recognized as a top performer last year on Inc. Magazine’s list of the 500 fastest growing private companies. Salary.com also is a top-trafficked Career site. The RetirementJobs.com management team is comprised of professionals with senior executive backgrounds in media, online recruiting and human capital management. They have worked in management at major media brands such as AOL, ABC and CNN, built and forged strategic relationships with leading E-recruiters such as Monster, Careerbuilder and Hotjobs, and co-founded successes such as Net-Temps. They also have depth of experience in human resources topics such as compensation and benefits.

Tip: Are you a business professional and considering a retirement job for yourself some day? Submit your idea of a dream retirement job on RetirementJobs.com, and get a jump on some of the excitement coming soon at RetirementJobs.com.

Employers may post listings online at RetirementJobs.com. For more information about posting larger quantities of listings, advertising to people over age 50, or developing a syndication partnership, please visit www.RetirementJobs.com or call 781-235-1329.