PROVIDENCE, R.I. (AP) — Ken White had a good job at a credit card processor for 22 years, but he was laid off in the Great Recession.
Today, at 56, White does similar work. Yet everything feels different. He’s a contractor for a technology services firm that assigns him to manage tech projects for a regional bank. He’s paid just two-thirds of his old salary. The bonuses and stock awards he once earned are gone.
Despite the U.S. economy’s job growth, White and others like him don’t feel like beneficiaries of the longest expansion on record. The kinds of jobs they once enjoyed — permanent positions, with bonuses and opportunities to move up — are now rarer.
“It’s not as easy as it was,” White