It's two fold, there is no work AND there is no point in working. If you get unemployed at 58, you get 2 years of unemployment benefits at almost full salary (w

It's two fold, there is no work AND there is no point in working. If you get unemployed at 58, you get 2 years of unemployment benefits at almost full salary (was supposed to be reduced to 18 months earlier this year). If you have side income (rental properties bought long ago since you're 58) or some undeclared work on the side, you're golden. That's not to diminish the issue of there are no jobs, it's a real problem, but there isn't any hurry to find or accept a job either.