Stories
Slash Boxes
Comments

SoylentNews is people

posted by janrinok on Sunday October 09 2016, @03:39AM   Printer-friendly

The "quiet catastrophe" is particularly dismaying because it is so quiet, without social turmoil or even debate. It is this: After 88 consecutive months of the economic expansion that began in June 2009, a smaller percentage of American males in the prime working years (ages 25 to 54) are working than were working near the end of the Great Depression in 1940, when the unemployment rate was above 14 percent. If the labor-force participation rate were as high today as it was as recently as 2000, nearly 10 million more Americans would have jobs.

The work rate for adult men has plunged 13 percentage points in a half-century. This "work deficit" of "Great Depression-scale underutilization" of male potential workers is the subject of Nicholas Eberstadt's new monograph "Men Without Work: America's Invisible Crisis," which explores the economic and moral causes and consequences of this:

Is it an aberration, or a harbinger of things to come?


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 0) by Anonymous Coward on Sunday October 09 2016, @01:39PM

    by Anonymous Coward on Sunday October 09 2016, @01:39PM (#412055)

    Anti-white bias. Oh you are too funny.

  • (Score: 0) by Anonymous Coward on Sunday October 09 2016, @04:39PM

    by Anonymous Coward on Sunday October 09 2016, @04:39PM (#412102)

    Ya, the butthurt about feminism and racism runs strong on this site... Just don't check out voat, that place is overflowing with that shit, I can't make it more than 5-10 mi s before I regret being bored enough to look.