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Chairman-Mao said:

These people aren't lazy. They're just holding out for management positions.

If you have been management, and then try to apply for something not management, it is hard to get into.  Go too far down, and you get "overqualified".  In my case, I have a Masters degree.  Sure, I might be able to land seasonal employment, where you are gone in January.  But for more permanent things?  Well, it is a real challenge.