Comments (5)
No. 1-4
Lance Manly
Lance Manly

I can see that. It probably extends beyond those in services. People in their late 50's and 60's with well funded retirement plans that lose their job. Do you really want to deal with getting a new one, at probably less pay and with age discrimination or just say screw it, I'll live within my means. These people were probably pretty productive, which is why they have the money, and losing them won't help the economy. Look for LFPR to stay depressed.

njbr
njbr

All part of the "Find Something New" initiative!

It's prescient!

Older people find retirement, younger people find open jobs, and the virus will find new victims wherever they are !

PecuniaNonOlet
PecuniaNonOlet

After the 2008 financial crisis, there was a sudden jump in "disabled" social security claims all across America. I am waiting for that to happen this go round. It might actually be real this time.

Zardoz
Zardoz

If they have the assets to pull it off, this is a good thing. Young people with nothing need those jobs.


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