It is happening all over just like you describe. The other advantage an older worker can have is with customer contacts. When a customer meets with an older worker, they assume the person has been in that line of work for a long time and give them instant credibility that a younger person would not get. I had to start over in the job market 3 years ago after my business of 12 years folded and I always get treated like I am some sort of defacto expert who has been doing this job for 25-30 years. It certainly works to my advantage and I think many employers understand that in their hiring practices these days.