Press release

June 1, 2007

NowWhatJobs.net, Inc. is pleased to announce the launch of our web site. www.NowWhatJobs.net, which is The resource for Job Transitions After 40, provides information about companies and other organizations, colleges and universities, continuing education, franchises and relocation options. This site also provides Must Read Opinions that Baby Boomer and Active Senior men and women will want to check out.

It is vital to emphasize that our target site visitor is now/will be someone over age 40. As such, we believe that this site will become a "hot one." Why? Because in the category of other baby boomer sites especially, other web venues generally do not focus on job and career trends. On the other hand, other job-related web sites tend to focus their recruitment efforts on employees, who are in their 20s and 30s. So, what "we" offer is a Unique Selling Proposition.

Is there age-based discrimination in our society in the United States? "Yes, there is."

Should that age-based discrimination continue? "Absolutely not."

Of course, it's always difficult to prove a negative, even when a company or other organization possesses the very best motives possible. Therefore, one way in the future to demonstrate that a company or other organization does not discriminate against older workers, beginning at age 40, is by participating on our web site as a sponsor and, then, hotlinking from the Human Resources or Diversity part of their web site to our web site and vice versa.

Frankly, our site visitors will want to know more about companies and other organizations which do not discriminate based on someone's age. Our Corporate Profiles and Web_Village thumbnail sketches will also provide profiles of other organizations and schools, whose vision includes men and women over age 40.

Many men and women in our society are simply not aware that there is a current job shortage in America. Too often the major TV networks and daily newspapers focus on significant job losses from a specific large corporation at a particular moment in time in our society versus the "Bigger Picture" reality of essentially a full employment US economy at 4.4 - 4.5% unemployment in the US.

Here are some of the facts. Today, there is a significant shortage of nurses already, teachers, truck drivers and warehouse workers, pharmacists, certain types of manufacturing employees and others. Plus, this analysis does not include the highly skilled worker shortage right now among technology companies in the US, which each year requires our country to admit thousands of foreign workers with temporary visas to help us get this job done in the United States. And, even after we've taken this step, Bill Gates, who is America's richest and perhaps the world's richest man, testified recently before our US Congress that the number of such highly skilled worker visas continues to be grossly inadequate to meet the current demand for such men and women.

Will this situation change for our US economy in the future? Yes, it will, but not in the way you may expect, according to recent testimony from the current Vice Chairman of the Federal Reserve before the US Senate Labor Relations Committee. He, too, predicted a labor shortage will continue and become such a significant factor that our current economic growth, which has averaged 3% per year for the past 10 years, will actually drop by one third to 2% per year beginning in five years because of our anticipated labor shortage.

With 77 million to 78 million Baby Boomers in America, many of which will choose at least some type of retirement, the United States already knows that there are significantly fewer Generation Xers to take their place in the workforce. Unfortunately, our nation cannot simply manufacture more adult workers.

At the same time, Americans are living longer than ever before, thanks largely to the wonderful medical breakthroughs of recent years. in fact, one of four Americans can now expect to live until age 95 or more on an average. For its part, Social Security is also set to raise its previous retirement age for full benefits from age 65 until an eventual age 67, depending on someone's date of birth. Further, not all of our Baby Boomers or Active Seniors want to stop working entirely for a variety of different reasons, which range from needing the money to simply enjoying the work.

To help meet the needs of my fellow Baby Boomers and Active Seniors in America in the area of Job Transitions, Continuing Education to improve someone's skills for a better job tomorrow or Relocation Options to a part of the US with more jobs, www.NowWhatJobs.net was created.

For more information, contact Jim@NowWhatJobs.net or call Jim @ (815) 334-9945. James O. Armstrong, who is the author of "Now What: Discovering Your Life and Career After 50," serves as the Editor of www.NowWhatJobs.net and also as the President of NowWhatJobs.net Inc.