The Great Recession sent shockwaves throughout the jobs market that still resonate today. Research conducted by the Pew Research Center reveals that 55 percent of American workers have suffered a period of unemployment, a cut in pay, a reduction in hours, or an involuntary period of working part-time.
As 2011 winds down, the outlook continues to be dim for those seeking work. An unusual pattern has emerged as well; older workers are bearing a disproportionate burden as compared to previous economic recoveries. A variety of trends, biases, and economic realities may force many displaced baby boomers to consider an unanticipated path -- the path of entrepreneurship.