Monday 29 February 2016

Was Middle-Class Retirement Just A Credit Bubble Fantasy? | Zero Hedge

Was Middle-Class Retirement Just A Credit Bubble Fantasy?


One of the jarring — and until recently underreported — aspects of those seemingly-positive recent US jobs reports is the increasing skew towards older workers. Most new jobs have gone to people who in better times would be leaving to live off their savings. Now they’re coming back, frequently taking jobs they wouldn’t consider if money wasn’t so tight.
And it’s apparently a lot worse for older women:

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