Land Of The Rising Jobless

In blue pinstripes and polished shoes, the wiry 52-year-old doesn't look like a two-time loser. Back in 1986, with the high yen sending export sales reeling, he was one of 1,800 managers asked to leave a midsize consumer-electronics company. Now, he has been shoved out of his $44,000-a-year job as personnel manager of a floundering software company. "The worst part is interviewing with arrogant young men," he says, eyes flashing. "Nobody wants a middle-aged white-collar guy like me."

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