In this slow economy, over 50 workers are continually challenged to find a job if unemployed, or to supplement retirement. According to the Bureau of Labor Statistics, the number of downsizings, job eliminations and layoffs have reached their highest level in seven years, and the national unemployment rate has increased significantly. It is projected that these layoff events will continue well into next year as the economy battles a recession. While workers in general are at risk, those who are 50 and older have the greatest potential of being impacted by layoffs. Why? Because the American workforce is aging each year, and it is estimated that one in four workers will be 55 or older by the year 2020.

A decision to look for employment over 50, whether because of a layoff or a desire to explore new career opportunities, requires taking action. The steps in this article will help aging baby boomers become familiar with the decisions they will have to make to successfully find jobs.

Research as much as career information as possible about what you would like to do. Design this career to fit an "after 50" lifestyle and interests. Gather as much information as you can about job opportunities to make informed choices regarding career options BEFORE starting an over 50 job search.

Take a free online career assessment and talk to a career consultant who specializes in helping people over 50. One career choice you will face will involve taking a leap of faith out of your comfort zone and into uncharted territory based on dreams and ambitions. It will mean giving serious consideration to all of the things you've told yourself you would like to do in your next job. You will need help finding a job so ask for it.

Put all the information you gathered from steps one and two above into perspective. Perform a reality test to determine if what you would like to do is concrete enough to take action. If not, look for practical steps you can take to focus your career interests and plan an over 50 job search.

It has been said that people will pay any amount to someone who can solve a problem. Re-write your resume so that it showcases how your skill set and experience can be used to solve an employer's problem if you are hired. This will be especially helpful when looking for jobs after retirement.

Use career planning tools such as a career road map to uncover employment opportunities and search for jobs that fits your career interests. Consider whether you wish to stay in your current field or try something new.

The best jobs are never advertised so make sure to search the hidden job market by contacting friends, acquaintances and others who know of unadvertised job openings and employer hiring plans. Check employment websites for temporary jobs, job boards and a local senior job bank (retirees and over 50 community).

Put age-friendly employers at the top of your list. These employers objectively consider all qualified candidates for employment regardless of age, and have been identified as employers that maintain practices and programs consistent with employment of people over 50 based solely on their qualifications and contribution (see resources for current listing of employers).

Prepare to interview. Research the different methods employers use to interview job candidates. Ask a friend or family member to practice holding mock interviews using these methods. Prepare questions to ask interviewers that highlight the value you can add to an employer.