Out of a job and out of luck at 54

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	Out of a job and out of luck at 54

arifsali

5-21-2008 5:49 PM

620 views

tags:

retirement, economy, united states

2 Comments |

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5-21-2008 7:20 PM

narain_47

I totally agree with you. Thanks for bringing this to my notice. I have today written an article on recession. tThe lip you can find by searching my name here. I follow to re ord. thanks.
pilo

5-22-2008 1:27 AM

Oortcloud

What are you talking about, recession? There is plenty of jobs out there! I have 4 of them! 5 if you count all the carpentry work I have to do at home because I can't afford to hire a carpenter ... 6 if you count that I have to do my own car maintenance and repairs ...

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a62f0ddc-a222-42bb-8f34-befba6cfe7bd/F81105E4-2C00-4F09-A4B7-BE88BA4810FF/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://money.cnn.com/2008/05/21/news/economy/olderworkers/index.htm?eref=rss_topstories" href="http://money.cnn.com/2008/05/21/news/economy/olderworkers/index.htm?eref=rss_topstories" style="font-size: 11px;">money.cnn.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/05/21/news/economy/olderworkers/index.htm?eref=rss_topstories">A growing number of older workers are losing their jobs as the economy weakens. And many are having a harder time landing new positions.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/05/21/news/economy/olderworkers/index.htm?eref=rss_topstories">Too young to retire, too old to get a new job. That's how many older workers are feeling these days.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/05/21/news/economy/olderworkers/index.htm?eref=rss_topstories">While it's not easy to land a job in this weak economy, older workers are in a particularly tough spot. Corporate downsizings are hitting this group hard, with many companies looking to shed the higher-paid positions these employees often occupy. Even worse, older job seekers are discovering the search is even rougher as many employers shy away from hiring those closer to retirement than to the start of their careers.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/05/21/news/economy/olderworkers/index.htm?eref=rss_topstories">The downsizings come at a bad time for older workers. Not only can't they afford to retire, but many were counting on beefing up their 401(k) accounts in the years before they exit the labor force. Compounding the problem is the slumping stock market, which has left them with a deflated 401(k) cushion to draw on while looking for a new post.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F81105E4-2C00-4F09-A4B7-BE88BA4810FF/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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