Saturday, May 13, 2017

Where did all the men go?, by Nicholas Eberstad

"While there are a dozen plausible reasons for the shocking result of the 2016 presidential election, the discontent of white men lacking college degrees ranks high on most lists. And no small part of that discontent is linked to their diminishing role in the workplace.
Over the past two generations, America has suffered a quiet catastrophe in the collapse of work for men. In the half-century between 1965 and 2015, work rates (the ratio of employment to population) for the American male spiraled relentlessly downward — a seeming flight from work in which ever-greater numbers of working-age men exited the labor force altogether. America is now home to an army of prime-working-age men, some seven million of them ages 25 to 54, who no longer even look for work. Consider a single fact: in 2015, the work-rate of males aged 25 to 54 was slightly lower than it had been in 1940, when the official unemployment rate was 14.6 percent and the United States was just coming out of a decade of depression in which the search for work was usually futile...."

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