In a conversation with an employed person today, I was reminded of this artist's view of today's job market.
Almost 10% official unemployment for over a year. Counting the under employed and those who have given up and not counted it's closer to 16-17%.
Leading-edge baby boomers (that's me) are bailing out (not me, yet) and taking early retirement at 62. Social Security Administration reports surge in retirements starting in 2009. Why wait to 65/66 if there is little reason to believe a job is to be had anytime soon.
So many jobs and industries are gone and no reason to think they are coming back. Especially with the debt being created in Washington, D.C. and "...economic and political conditions changed in ways that discourage investment and entrepreneurship. It will take hundreds of thousands of new private sector jobs created every month for years to reduce the unemployment level to a level before the Great Recession.
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