Breadwinners now begging for scraps: Men 55 and older face soaring unemployment

Article here. Excerpt:

'KINGS MOUNTAIN — Allan Nichols describes himself as a well-read, self-motivated native Cheesehead. He has a law degree, spent time with a chamber of commerce, was a corporate lobbyist and spends his nights teaching himself astronomy.

But, since July 2006, that hasn’t been enough to get Nichols, 58, a job.
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And he’s not alone. Nationwide unemployment in 2001 among people 55 and older seeking full-time work stood at 442,000. In 2009, that number quadrupled to 1,624,000. And it continues to rise, with 2010 at 1,816,000.

But the story within the story is who’s out of work. Year after year, roughly 50 percent of the annual average is attributed to the white male demographic.

Nichols refers to it as a ‘manpression,’ as older, white male, experienced middle management workers can’t find footing in today’s economy.

“We were the breadwinners,” he said. “Now, we're begging for scraps.”'