And most of them with advanced degrees.
Young people are now competing with people 45, 50 and 60 years old who will take a job just to survive, to paraphrase a line from the article.
One gent ran his own tax buisness but ended operation due to a severe slowdown. Now he’s looking to get back into the corporate world.
His comment about being out of work:
I worked in the industry for 25 years. Im not discouraged. Im not complaining. At my age, its not that bad for the time being, said Merritt.