Zero chance of returning to work
If you are over 50 years and out of work, you may as well forget it. What does that mean?
It means an uprising is brewing. As the number increases, there is an affected class, a group that can organize, and a group that just may become a new marketplace once they regain their political power.
Power to the seniors. Power to the unemployed. Unemployed workers unite.
“Unemployed people over 50 face a real chance of never working again, reports Motoko Rich: "Of the 14.9 million unemployed, more than 2.2 million are 55 or older. Nearly half of them have been unemployed six months or longer, according to the Labor Department. The unemployment rate in the group -- 7.3 percent -- is at a record, more than double what it was at the beginning of the latest recession. After other recent downturns, older people who lost jobs fretted about how long it would take to return to the work force and worried that they might never recover their former incomes. But today, because it will take years to absorb the giant pool of unemployed at the economy’s recent pace, many of these older people may simply age out of the labor force before their luck changes."”