Grandpa? He's Busy at the Office

These days older, experienced workers are more often avoiding the ax. Plus, many have no choice but to keep working for financial reasons

Amid all the woeful tales of the downturn's Lost Generation -- the former tech aristobrats scooping ice cream in Palo Alto and the Wall Street wunderkinds folding khakis at Gap -- is one possibly bright bit of news. Unlike the early '90s recession, when it seemed as if the blade fell heaviest on older, white-collar workers (remember all those ashen-faced, fiftysomething managers shuffling out of AT&T [T ] and headed for a suburban-basement consulting businesses?), this time the grayhairs seem to be faring surprisingly well.

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