Sad Worlds Collide: The Unretired vs. the Unemployed

The dramatic rise in unemployment (over 500,000 jobs lost last month) may be combining with an equally dramatic drop in the value of retiree investment accounts (40% and counting) to create a perfect storm.  More specifically, the recently unemployed may be competing head-on with the newly “unretired” for many of the precious-few open jobs that will remain in our economy. Read more