by Charles Hugh Smith
Of Two Minds
If nobody will hire you, start your own enterprise to fill scarcities and create value in your community.
Workers of all ages are caught in a vice. Older workers need to keep working longer in an economy which values younger workers (and their cheaper healthcare premiums). Younger workers are caught in the vice of “you don’t have enough experience” and “how do I get experience if nobody will hire me?”
Middle-aged workers are caught between the enormous Millennial generation seeking better jobs and the equally numerous baby Boom generation seeking to work a few more years to offset their interest-starved retirement funds. (Thank you, predatory and rapacious Federal Reserve for siphoning all our retirement fund interest to your cronies the Too Big to Fail Banks.)