Very interesting article in the NY Times about the growing number of men in their 40s and 50s who've lost employment (many in manufacturing) that was relatively well paid and are unwilling to take jobs that pay very low wages. The numbers are staggering, something like 13% of that population (and when they aren't looking for work anymore, they aren't counted as unemployed--interesting to know what they'd to our "low" unemployment numbers).
Interesting choices of individuals to personalize the story.
Scary, however, that the examples they use are people who are spending down all savings, or in the case of one LA Electrical Engineer off work since 2002, living off of increases in the value of his home (how much longer can THAT last?).
http://www.nytimes.com/2006/07/31/business/31men.html?ref=business&pagewanted=all
Interesting choices of individuals to personalize the story.
Scary, however, that the examples they use are people who are spending down all savings, or in the case of one LA Electrical Engineer off work since 2002, living off of increases in the value of his home (how much longer can THAT last?).
http://www.nytimes.com/2006/07/31/business/31men.html?ref=business&pagewanted=all