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by yardie 1047 days ago
Yeah, there were a lot of near retirement workers who had their 401k/pensions wiped out by the financial crisis. I've met quite a few who pushed back retirement 7-10 years to rebuild their savings. Now that bond rates are up, they're headed for the exits en masse.

The industry that wasn't affected by a large demographic of near retirees was technology. Because age discrimination was built into the culture. Not a lot of old programmers sticking around. They get RIFed right outta here. So while there is a shortage on teachers, nurses, trades, and police there is a surplus of junior and mid-career tech workers.