[SatinDoll]

WHAT recovery!?

[E. Pluribus Unum]

In fact, the Obama administration has seen a boom in the prospects of the 55+ crowd; their (I should say ‘our’) employment stands at a 42 year high.

That's because the best way to get a job is to already have a job, and the boomers aren't giving up their jobs to retire because they know that the pension fund dominoes are going to fall any time now.

[Figment]

Well duh. Who are you going to lay off? The seasoned vets or the temps. Who are you going to hire, people with a resume or people just entering the workforce? Yeah, I’m a boomer and doing well in the last two years. Working long hours and carrying twenty somethings along the way to do it. If I were unemployed right now, my age would be a minus in being hired to a good job. I suppose someone got paid government money to come to this concccclusionc

[Figment]

Well duh. Who are you going to lay off? The seasoned vets or the temps. Who are you going to hire, people with a resume or people just entering the workforce? Yeah, I’m a boomer and doing well in the last two years. Working long hours and carrying twenty somethings along the way to do it. If I were unemployed right now, my age would be a minus in being hired to a good job. I suppose someone got paid government money to come to this conclusion

[Albion Wilde]

For one thing, older workers know how to work. They do not spend the day on cellphones, call out sick once or twice a week, or steal from the register.

[HangnJudge]

The numbers are quite ugly...

[Java4Jay]

Interesting… because Pew Research just published a report showing the ‘boomers’ where the hardest hit group in the long term unemployed category.

http://www.pewtrusts.org/uploadedFiles/wwwpewtrustsorg/Reports/Fiscal_Analysis/Addendum_Long-Term_Unemployment_May2012.pdf

[Java4Jay]

What recovery? - Plus it's hard to find any beneficiaries from the turmoil of the last few years.

[HangnJudge]

From PJ Media

Labor Force Disappears in Obama’s Depression

http://pjmedia.com/spengler/2012/05/06/labor-force-disappears-in-obamas-depression/

/snip - The big news in Friday’s employment report was not the miserable 115,000 jobs the economy added in April, but the disappearance of 340,000 workers from the labor force. We haven’t seen unemployment on this scale since the Great Depression. Indeed, since Obama took office, the labor force participation rate has fallen from 66% to 63% as almost 5 million American adults stopped looking for work. About a fifth of working-age Americans aren’t working — and a fifth of all personal income is transfer payments.