Getting by With Job Loss
The Jewish Daily Forward - 05/22/2013
Holding several part-time jobs, living with friends, making do without employer-provided benefits and never expecting to achieve your parents’ standard of living: it’s all become routine for today’s youngest entrants into the job market.
But in a semi-recessionary, post-union, without-a-safety-net era, workers twice their age are also getting used to the getting-by lifestyle. Unemployment is high. Worse, workers over 50 are demonstrating levels of long-term unemployment — and of simply dropping out of the job market — that have not been seen since the beginning of such record keeping in America in the 1940s.