The View From Your Recession

A reader writes:

My father is 4 years from retirement after spending a lifetime working in parks and public works. With the state budget in crisis, and the falling property tax revenues, the city was forced to make cuts. 

After 33 years of constant employment, my father was laid off on Monday.  He is now in the position of looking for work in the public sector, so that he can receive his retirement benefits from the state's PERA retirement fund, and he's finding hiring freezes at several levels of government across the board.  The only jobs that are open pay half what he was making - basically entry-level wages for kids just out of college - and he's ridiculously overqualified.  If my mother loses her job, insurance will be pretty hard to come by … here's to keeping our fingers crossed.