This as-told-to essay is based on a conversation with Siobhan MacDermott, a 56-year-old tech founder based in Menlo Park, California. It's been edited for length and clarity.

I've never been underqualified for any job that I've applied to.

I was vice chair at Bank of America and principal at EY. I held senior roles in cybersecurity at AVG and McAfee. I've sat in boardrooms with Fortune 500 CEOs, advised governments, and built practices from scratch.

Then, in early 2024, when I was 54, I had to relocate from New York City to California for family reasons, leaving the management consulting job I'd held as a partner at The Consello Group. I didn't anticipate what could happen when someone tries to re-enter the institutional world in their 50s — particularly as a woman in a career space that doesn't fit neatly into a job description.

The most surprising barrier has been the gap between what I've actually done and what the market knows how to categorize. I'm worried because I'm not sure where the economy is heading, but I'm an absolute eternal optimist.

I'm not going to accept anything other than staying hopeful.

I felt like my job application was going into the ether

It's been frustrating to watch organizations that desperately need exactly what I've built not hire me.

When I started my job search, I reached out to my network to try to figure out what I could do, who'd vouch for me, and where open positions were. A lot of senior roles were being downsized, but I had a lot of people who initially wanted to help me find something.

The strategies that were a complete waste of time were LinkedIn Easy Apply, recruiter calls that went nowhere, and any process that involved a 45-minute competency-based interview with someone who'd never heard of the big companies I've worked for.

I spent the better portion of every day for over a year applying and looking for jobs. I obsessively searched on LinkedIn for new positions, applying over and over again on the site, company websites, emails, and more, but getting nowhere.

I sent out countless résumés and barely got any responses. These are jobs that I know I'm qualified or overqualified to do, but sometimes I didn't even get the courtesy of the automated "thank you for applying" response.

It was like my application went into the ether. I'd try to find the head of HR for these companies on LinkedIn and reach out to them because I wanted the feedback.

I started trying to think of interesting ways to get attention

The strategy that worked the best during my job search was bypassing HR entirely and using direct outreach to CEOs and board members.

I'd send them letters not even related to a job, but more of an observation of their company to get their attention. I tried to be crafty, saying, "Based on my external assessment of your company, here are some things that I think you should be doing as you think through your next quarter."

Reaching out to CEOs got me in the door, but then they'd send me down to somebody who was pretty junior who'd say, "You're overqualified for this job." They'd courtesy interview me because they'd been told to, but it didn't go beyond that.

Sometimes a CEO would send me to HR, and HR would look at my skill set and say, "It doesn't quite match."

That happened quite a few times.

I adjusted my LinkedIn profile to get a better response, and that helped

I changed my gender to male and back to female a bunch of times to see if it made a difference — I didn't change my pronouns, just my actual gender. I felt like I had more responses on LinkedIn being thought to be male than female.

I also think being in Silicon Valley, you age out a lot faster than you do in other parts of the US, and it's definitely a highly male- dominated space. I had those two things working against me from the get-go.

So I removed the first six years of my career from my work experience on LinkedIn, and I took the dates off of my degrees so that people couldn't tell my age. This made me seem seven to 10 years younger, potentially. Once I took those dates off, I felt like I got more engagement on the site.

My job search in Silicon Valley went nowhere, so I decided to pivot and launch my own venture

I started my company out of necessity, and also out of intellectual boredom. I felt like my brain was starting to rot.

It happened about a year into job searching, when I started feeling financial pressure and frustration. I didn't want my full-time job to be looking for a job. My search wasn't looking like it was going anywhere in the foreseeable future, especially out in Silicon Valley. If you're a computer scientist or an engineer, there are jobs available, but I couldn't find a lot out here not in that space.

I started thinking, what am I good at? What do I know? What are all the pieces that I could put together? What problem can I identify that needs to be solved? That came together pretty quickly, and I launched two companies — Khaos Holdings, a strategic risk-intelligence company, and TeenAegis, a child-safety intelligence business, in January.

We're raising capital, and if the capital comes in, that will be the end of my job search. If the capital doesn't come in, then I'll keep searching — but I've decided that whatever I do will be adjacent to the problem I'm trying to solve now.

One good thing came out of the 2 years since my last job

Being out of work for two years shifted my retirement timeline eight to 10 years from digging into savings. However, since my job search started, I've really homed in on what I want to do with the rest of my career.

The journey I went on was a little bit of a midlife crisis. I asked myself, "What's my purpose in life?" as opposed to "What job do I want to have?" and then identified what skill set could bring me to that.

What led me to where I am was really thinking through questions like: What are all the issues that matter to me? What legacy do I want to leave? How do I want to think about my future for the next 10 or 15 years? How do I want to show up every day?

In the beginning, I was going to apply to anything that I could qualify for that would get me some money. Now I'm not going to do that because I don't think that's going to actually be fulfilling or make me happy. My sense of stability has required a deliberate reframe — from "security comes from a salary" to "security comes from what I've built and what I know."

I'm determined to make this work, but I also realize it may not

The hardest thing is maintaining a positive attitude day after day. If my company doesn't work out, then it's not like I can stop trying.

Taking mental health breaks is important because it's overwhelming, lonely, and hard. You lose your sense of self-worth when you're in this position; people look at you like, "Oh, you're the person who's still looking for a job." So it's hard to continue to put yourself out there.

Still, I do believe there's light at the end of the tunnel. It's just the question of how long the tunnel is.

Do you have a story to share about navigating your career in your 50s? If so, please reach out to the editor, Manseen Logan, at mlogan@businessinsider.com.

A bill to bolster the nation’s unemployment insurance program reflects the concern — and the risks — in Washington.

© Kenny Holston/The New York Times

Ahead of the midterms, Natasha Sarin and Catherine Rampell unpack the state of the economy — and how much responsibility the president bears for it.

© The New York Times

With the midterms approaching, the economy is a top concern for voters. Our chief economic correspondent, Ben Casselman, describes which aspects of the economy have voters so frustrated.

So far this year, claims have remained at historically low levels, never topping 230,000 in a single week.

Economists hope earlier episodes of labor disruption, from the Industrial Revolution to the Great Depression, can help us prepare for the age of artificial intelligence.

© Illustration by Andrei Cojocaru; photos by Getty Images

Four in five new jobs created in Britain since 2014 were taken by migrants while the number of British people on out-of-work benefits increased by 2.3 million, according to a report from the Centre for Social Justice.

The post Migrants Taking Four in Five New Jobs appeared first on The Daily Sceptic.

You need 35 years of National Insurance contributions to get the full state pension. Ah, says David Craig, but the unemployed get 'pension credit', which pays exactly the same and comes with piles of freebies thrown in.

The post Want the Highest State Pension? Don’t Bother Working Too Much appeared first on The Daily Sceptic.

For Oakland Review of Books, Stephanie Uchino-Beach writes about getting laid off at an education tech company that transformed into an “AI-first outfit.” As as customer success manager, she acted as a liaison to district administrators, school principals, and teachers. While AI could automate some of her tasks, what about the core responsibilities of her CSM role: building real relationships and understanding an educator’s needs? An AI sees data points, not people. This is a sobering read from a former tech worker living in the Bay Area, and an edtech company that has gone all in on AI and forgotten about its mission.

Before I went to work for Silicon Valley, I was a lot of things. A few jobs before this last one, I was an elementary school teacher in Chicago, helping kids learn to read, creating units, planning lessons, and buying supplies with my own money on the weekends, like countless other teachers around the country. I grew up on the Peninsula, and I made the move into Customer Success to get a job that would let me move home. Tech was never my dream; it was a means to an end. My dad studied computer science and still works in tech to this day and enjoys it, so it seemed like a satisfying and fruitful career was plausible. I figured that once I broke in, all my problems would be solved: I could get a house, have a kid, and fulfill every middle-class dream that had always felt slightly out of reach for a millennial like myself. 

And yet, job after job, I consistently left feeling unsatisfied. Unsatisfied by how I wasn’t growing and wasn’t developing my skills. Unsatisfied with poor managers who were just in the right place at the right time to be promoted but so often lacked the skills to provide the same success for their employees. Unsatisfied with how the products I worked on could do wrong by the communities we sold them to, even though every company said they were “mission-driven” and “put our customers first.” 

It’s getting better all the time (Better, better, better) It’s getting better all the time I admit it’s getting better –The Beatles In an X post, Marko Jukic, senior analyst at Bismarck Analysis, lamented: “Enshittification” is sort of a “safe horny” term for what is really just outright impoverishment and declining living standards due to […]

The post US enshittification vs Chinese involution appeared first on Asia Times.

In this story for Dispatch, Lotte Brundle reports on a surprising trend: young women in the UK are pursuing careers in the death care industry. In a time of high unemployment, funeral home apprenticeships offer an alternative to university, where students accumulate significant debt. While the pay is low and the industry needs to do a better job building awareness that the trajectory exists, the young women who speak to Brundle find the work meaningful and rewarding.

Her inspiration to become an undertaker arrived, as many teenage epiphanies now do, via TikTok. Emily was 15 and had been considering becoming a teacher or journalist when she came across an American woman documenting life inside her own funeral home. “I’d never considered it as a career,” she says. “I didn’t know anyone who was an undertaker, but I just thought how interesting it was.”

Two hours later, she was still scrolling through the woman’s profile, engrossed. Running her own funeral home became Emily’s dream.

Between the first and the second quarter of 2026, 3.1 million unemployed persons aged 15-74 in the EU moved into employment, representing 23.2% of all unemployed in the first quarter of 2026. During this period, 7.0 million (52.8%) remained unemployed and 3.2 million (24.0%) moved out of the labour force.

These figures are taken from recently published data on labour market flows in the second quarter of 2026. The article presents a handful of findings from the more detailed Statistics Explained article on labour market flows.

Click to enlarge

Source dataset: lfsi_long_q

The visual and the table give an overview of all changes in labour market status. In the visual, the figures for employment, unemployment and out of the labour force refer to the number of people remaining in each status between the 2 quarters, while the arrows indicate the number of people moving from one status to another.

Click to enlarge

Source dataset: lfsi_long_q

Of all people in employment in the first quarter of 2026, 2.5 million (1.2%) became unemployed in the second quarter of 2026, and 4.8 million (2.3%) moved out of the labour force.

Of all people recorded as out of the labour force in the first quarter of 2026, 4.2 million (3.7%) entered employment in the second quarter of 2026 and 3.9 million (3.4%) became unemployed.

For more information

• Statistics Explained article on labour market flow statistics in the EU
• Thematic section on employment and unemployment (LFS)
• Database on the employment and unemployment (LFS)
• Metadata on labour market transitions

Methodological notes

• The labour market flows published from 2021 onwards are based on the EU Labour force survey (EU-LFS) carried out under Regulation (EU) 2019/1700 on European statistics relating to persons and households, using individual-level data collected from samples. Further information on the Regulation is available in the Statistics Explained article.
• The figures are based on seasonally adjusted data.

Government spokesman Pavlos Marinakis triggered an outrage when he proposed that the “unemployment benefits” should last just two months in order to force jobless to take up a work. According to Greek legislation, the unemployment benefit of 526 euros per month increased by 10% for each child runs for maximum 12 months provided that the […]

The post Gov’t spokesman proposes sharp cut of “unemployment benefits” down to just two months appeared first on Keep Talking Greece.