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SmittynMo

(3,544 posts)
Thu Jul 3, 2014, 11:10 AM Jul 2014

The economy is still in the crapper.

Many people who lost jobs during the recession and were never rehired have stopped looking for work. Just 62.8 percent of adult Americans are working or are looking for a job, compared with 66 percent before the recession.

Add this to the super low unemployment, and we're still around 10%.

So here I sit, at 60, still looking and coming up with nothing. I can't wait til I'm 62. Life will be much better then.

So, yes, the economy is still in the crapper. Especially for people in my age group.

5 replies = new reply since forum marked as read
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The economy is still in the crapper. (Original Post) SmittynMo Jul 2014 OP
Well said!!! n/t RKP5637 Jul 2014 #1
At least we are moving in the right direction. RDANGELO Jul 2014 #2
Yes I agree SmittynMo Jul 2014 #3
I have a sibling your age CountAllVotes Jul 2014 #4
Thanks SmittynMo Jul 2014 #5

RDANGELO

(3,433 posts)
2. At least we are moving in the right direction.
Thu Jul 3, 2014, 11:20 AM
Jul 2014

The last five months have has increases of over 200,000 jobs.

SmittynMo

(3,544 posts)
3. Yes I agree
Thu Jul 3, 2014, 11:42 AM
Jul 2014

but it still doesn't make it easier for the boomers. FYI - I was recently turned down for a job. They gave the job to a 20 yr old, with no experience in the field. I'm sure they did this to "mold" the employee, but give me a friggin break. The hours that will be wasted to match my knowledge/skill set will take many years to obtain. It really don't matter. I just move on, and hope for a better opportunity.

CountAllVotes

(20,875 posts)
4. I have a sibling your age
Thu Jul 3, 2014, 12:09 PM
Jul 2014

Said sibling has been out of work for about 10 years now and gave up looking a long time ago as no one cares to hire some one that is 60+ years old.

You have my condolences and I really hope something comes your way soon!

SmittynMo

(3,544 posts)
5. Thanks
Sat Jul 5, 2014, 08:27 AM
Jul 2014

Its quite sad what is going on in this country. I'm no where near being put to pasture, and constantly ignored, once I get the interview. There is no compassion for anyone once you get past 50. My advice: If you fall above this number, make every attempt to keep your job.

Oh, and I read that the real UE number is over 12%

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