Probably depends on the age of the jobseekers/unemployed.
When the recession hit hard in this area, we had friends in their 60’s and knew of others in the same age bracket lose their jobs.
There were zero full time jobs for people with a good work history.
Those 62 and older started on SS, and started with drawing from their IRAs which wasn’t good due the stock market bust.
Years later, many have part time jobs and they have given up on any hope for a full time job.
We keep hearing about people going on disability, and with all of the ads on TV re lawyers to help one get on disability, that may be a new career path.
Younger ones have moved back in with parents. A mini construction boom the past couple of years in this area has been building of so called Grannie stand alone “apartments” in the parents back yards or connecting to the main house via a back of the house construction. Those moving in are young and not grannies.
Since the first of the year, I have posted about our new early rush hour traffic. It happens during the work week from about 1:30 pm to 3 pm. We see a lot vehicles with one or two adults in vehicles in mini traffic jams. They appear to be people going home from work.
One our younger relatives has benefited from these new early rush hours. It still takes him the same amount of time to get to work, about an hour. Now on his return trip, he gets home about 15 to 20+ minutes earlier than last year.
His wife has had to move her shopping time from the 1:30 to 3 pm bracket due to the mini rush hours in their area to earlier or later to avoid the traffic.
My contract ends in November, so I'm looking at my future from all angles. Assuming the well remains dry for this soon to be sexagenarian, I'm looking at everything, to include:
A variety of part-time jobs, to include substitute teaching, contract tax work, etc. to pay the bills until I can start drawing SS.
Eating right and exercising to (hopefully) minimize medical bills.
Sell/downsize from our current house, and pocket the $100K in equity.
Back to part-time jobs: I can see work arising seasonally, such as during tax season, teaching summer school, etc.