> I don't think there's much one can do about that. For many people their job is among the things that gives their live a purpose.
From my experience of living in Norway people here much less attached to their jobs. It could be a cultural thing, but a social protection must be playing a role here.
> And an elderly person in an ailing industry will have a hard time finding a new job in any society.
I know a person (as me he was also an immigrant) in Norway who, after loosing his engineering job here, first literally enjoyed few months of doing nothing while getting 75% of his salary, and then became a rather successful art dealer. Such stories of people of any age trying different things after quitting their jobs willingly or unwillingly are common.
I suspect that "alien industries" is a rather artificial notion caused by too much fear of loosing jobs so people stick to theirs even if long-term prospects are not good. Add to that corporate laws that favor executives like in US and the result in excessive number of big companies and industrial mono-culture and ghost towns when the companies finally die.