Not at all. I've been on both sides of the fence, both employer and employee. This current climate is NOTHING like the late 70's and early 80's. FWIW, after putting myself through college and grad school I identified a niche that needed to be filled in telecommunications. I built up an engineering business from scratch, starting with nothing. Twice in the course of that business I was down to my last $100. I sold it after a 15 year run, bought some commercial income producing rental properties and retired. I'm only 47 now. Don't kid yourself. I know full well what it is to deal with a market like what we are in. I also know full well the limitations that people put on themselves and that those self imposed limitations are primarily what keeps people from finding employment. You would not believe some of the people that walked through my door seeking employment. I've just about seen it all. Flip flops and tee shirts and hand written resumes. People who bitch about having to travel (Despite the fact that they were very well compensated). Crybabies that couldn't work unsupervised. You name it. You may not like what I'm saying, but it is true just as the sky is blue. BTW, I still dabble in several different things, just not in my field of electrical engineering. I stay quite busy, despite Obamalamadingdong's best efforts......
If you’re only 47 years old, you hardly were of an age to worry about making a living during the Carter years.
“This current climate is NOTHING like the late 70’s and early 80’s.”
You can say that again! I learned back then even as a whipper snapper, that the engine that could, ‘finds a need and fills it’. Folks just refuse to start at square one. My current concern is of today’s economic ‘energy’. There may not be ‘jobs’ but there is ‘work’.