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Only 1-in-10 Finds Work, Middle-Aged Workers Hit Hardest

Neal from PA Wrote: Jun 26, 2012 9:24 AM

I know of many former IT workers; myself included, that are working in other careers due to no fault of their own, they just happened to be caught up in downsizing, reductions in force, lay-offs, mergers/buyouts or replaced by the younger less experienced H1Bs. In my case I was first laid-off because of a merger/buyout; then replaced by an H1B visa holder; first by a Pakistani and then by an Indian; both working for half the salary I was making and I even had to get them up to speed…then I was made an offer I could not refuse.

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Only 1-in-10 Finds Work, Middle-Aged Workers Hit Hardest

At the White House on June 8, 2012 Barack Obama uttered six words that will forever haunt and define him; "the private sector is doing fine." His absurd statement came on the heels of a horrific May jobs report, an increase in the unemployment rate to 8.2%, retail sales declined for the second straight month, consumer confidence