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> the employment and unemployment rates in the developed world are pretty healthy, "In 1948, the labor-force participation rate was a staggering 96.7% among m
by maxsilver 10y ago
> the employment and unemployment rates in the developed world are pretty healthy,
"In 1948, the labor-force participation rate was a staggering 96.7% among men in their prime working years. That statistic has been steadily declining ever since"
Since 2000, the labor force participation rate has steadily declined for women as well.
https://www.washingtonpost.com/news/wonk/wp/2016/10/13/a-record-number-of-men-arent-working-this-might-finally-explain-why/ https://www.washingtonpost.com/news/wonk/wp/2016/10/13/a-rec...
"One in six prime-age guys has no job; it's kind of worse than it was in the depression in 1940," says Nicholas Eberstadt, an economic and demographic researcher at AEI.
http://www.npr.org/2016/09/06/492849471/an-economic-mystery-why-are-men-leaving-the-workforce http://www.npr.org/2016/09/06/492849471/an-economic-mystery-...