I only know from my own personal experience, and I personally feel that there's a cyclical nature to things, so you don't want to start making generalizations about how bad things have become in comparison to the old days.
I always divide people into two groups. Those who live by what they know to be a lie, and those who live by what they believe, falsely, to be the truth.
An 'unemployed' existence is a worse negation of life than death itself.