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Reply to "Do you know anyone laid off for an extended period of time? What was their situation?"
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[quote=Anonymous][quote=Anonymous]After 50s, you should talk in years, not months. [/quote] This was ages ago but my dad was laid off the week before his 50th birthday. He applied and interviewed for jobs for 10 years before he stopped and "retired". He was told unofficially, that he was overqualified and that the company decided to hire someone more junior. He also got lots of phone calls from these same companies asking if he would be willing to answer just a few questions to help that junior person out. Looking back he should have become a consultant but this was a different time and he was in an industry where that hadn't happened before. My parents had plenty of money in their retirement account but after 3 years ran out of liquid funds. So my mom got a part time job to pay for things like groceries until they hit 60 and could access some of the retirement accounts. [/quote]
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