The news last night said that one in five of this year's University graduates has yet to find a job. This is the worst year ever. Worse even than after the famous bubble burst in 1989.
K went to the Tokyo sales office yesterday. (Not Tokyo Tower or Tokyo Disneyland as Meg and Amy think K goes when he goes to Tokyo- that being their only Tokyo references. Cute but requires some explaining when they announce 'Daddy's at Tokyo Tower, today!' to other people...) Anyway, he came home having done what he went there to do and caught up with two people he knows there. Two retired department chiefs. How did he meet two retired department chiefs at work? Why because they were still there, of course. They worked there until 65 on full pay, collected their retirement bonus but didn't want to quit so they agreed to work on an hourly rate (about the same as you make working nights at 7-11...) Then the economy took a nose dive and they were told they'd only be able to work two days a week. But they really love their work (K's theory) or they spent so much time there over the last 40 odd years to the expense of all other aspects of their lives (family, friends, hobbies etc) that they have nothing else to do (my theory) so they go to work every day getting paid 7-11 wages for only two of those days....
That's what I think is wrong with the economy.