LIFE IN THE ERA OF HOPE AND CHANGE: Fastest-Growing Work Demographic? Women Over 65 With Scant Savings, Low Interest Income. “As older workers keep a tight grip on their jobs, the proportion of Americans ages 25 to 54 who are working or looking for work has slipped to the lowest level in three decades. Many of these younger Americans fell out of the labor force in the recession: Some retired or enrolled in school. Others weren’t able to work or had to care for relatives at home. Many gave up looking.”
It’s the senior squeeze, which is also squeezing the young, and the middle-aged who often have to provide financial help to parents and kids.
Fundamentally transformed! If we had a Republican president, we’d be hearing about the suffering nonstop between now and November.