Originally Posted by
rickair7777
I don't believe in a near-term big recession, and neither does the financial industry. Maybe a little one, but retirements will keep marching on and I doubt many majors will stop hiring.
The job market has cooled from the red-hot craziness we saw post-covid but there are still plenty of jobs for those willing and able. You just might not be able to telecommute full time, and surreptitiously work two different jobs from home via zoom.
Congress never saw 08 coming either or they wouldn’t have raised it to 65 in 07.
Retirements won’t keep marching on, they will freeze for 2-3 yrs depending on the language and if the 65+ are allowed to return hiring will stop if it hadn’t with just the age change. The best part is if and when the downturn comes which it always does we will be bribing these guys with early out packages to mitigate furloughs when they should have been retired anyway. The entire thing is completely ****ED. If furloughs are on the table the 65+ should be forced out without any package before a single furlough happens.