Seniors face a very cold job market
Here are a few facts about employment (or the lack thereof): (1) the economy grew at the remarkable rate of 7.2 percent in the third quarter of this year, but there was still negative job growth. (2) The economy must add 130,000 jobs every month simply to maintain a constant employment rate. (3) As of late October, new claims for unemployment insurance were at slightly below 400,000 per week, the number that corresponds with zero job growth. (That is zero, bupkis, zilch, the big goose egg).