I work in IT and notice that the jobs opening up are for specific skills with 10+ years experience. I was talking to my neighbour. he works in a hotel downtown and he told me recently his hotel laid off several senior managers. for example an Food and Beverage manager who was drawing 80K. p a. was laid off and they replaced him with a cheaper hire paying him 40K.. so there is deflation. as there are many folks willing to work for less. so gone are the days .where the private sector will keep paying for experience. I shudder to think if I was in the 50s and unemployed. u r basically ^^#%^%& up big time..