Take stock – March 15

Employers may be hiring senior executives who lost their jobs during the recession, according to recruiters puzzling over a trend in the latest jobs figures that found nearly half of new jobs going to men over the age of 55.

SANGSTER’S HEALTH CENTRES

No. 233, 4900 Molly Bannister Drive

(Bower Place Shopping Centre)

Red Deer

403-986-3205

• Owner

Terry Matheson

• Type of business

Sales of natural vitamins, foods, body care and sports nutrition supplements, including organic products.

• Opening date

Feb. 23

BIBS TO BOOKBAGS CHILD CARE CENTRE

4627 49th St.

Alix

403-754-5248

• Owners

Krista McDermand & Melody McBride

• Type of business

Day care and out-of-school care for children 12 months to 12 years.

• Opening date

Dec. 14

New business that have opened in Central Alberta within the past three months and wish to be listed here can send their information to Harley Richards by email (hrichards@bprda.wpengine.com) or fax (403-341-6560).

Executive

hires on rise

Employers may be hiring senior executives who lost their jobs during the recession, according to recruiters puzzling over a trend in the latest jobs figures that found nearly half of new jobs going to men over the age of 55. A report issued Friday by Statistics Canada indicated that 26,000 of the 60,000 full-time employees who entered the workforce last month were men over 55.

Susan Eng, a vice-president at the Canadian Association for Retired Persons, said the trend toward hiring older men will likely continue because many were given early retirement packages during the recession and now have the time, energy and expertise to hit the ground running at a new employer. “This is a demonstration that the marketplace has spoken and does in fact see value here because you can imagine the tide that they’re fighting . . .,” she said. Eng said her 55-year-old brother-in-law, an executive who was downsized from his IT management job was recently sought after by a big corporation who flew him to a preliminary meeting on their private jet.

“I’m certain that that is the trend that’s making this happen…I’m certain there will be more and more opportunities like this,” she said.

Eng pointed out that the latest figures have reversed a trend last year in which older women took on part-time and entrepreneurial jobs after their husband’s lost their jobs.

The Conference Board of Canada reported last month that women have generally been spared from job losses compared to men. it found that over the past 12 months, 320,000 men lost their jobs, compared to 80,000 women — a four-to-one ratio.

— The Canadian Press