4 ms·
What is going on, I was told right here by the bright armchair economists of HN that jobs are _never_ coming back, it's over and done. > Professor Krueger sugg
by rdtsc 9y ago
What is going on, I was told right here by the bright armchair economists of HN that jobs are _never_ coming back, it's over and done.
> Professor Krueger suggests that the increase in opioid prescriptions could account for about 20 percent of the decline in men’s labor-force participation from 1999 to 2015, and 25 percent of the observed decline in women’s labor-force participation.
Joking aside. That is a scary statistic. Unless you've been through West Virginia or Rust Belt states, then it is believable.
- chrisbennet 9y ago>Professor Krueger suggests that the increase in opioid prescriptions could account for about 20 percent of the decline in men’s labor-force participation from 1999 to 2015, and 25 percent of the observed decline in women’s labor-force participation. It seems likely that lack of work and resulting depression would drive drug use as well. Depressed people often "self medicate".
- jabv 9y agoA friend was talking to a young girl in a school in WV. Friend: What would you like to do when you grow up? Girl: I wanna draw, like my daddy. Friend: Wonderful, is your daddy an artist? Girl: Naw, he draws a check every month. (ie, her dad receives some type of welfare check every month (perhaps disability, unemployment, etc.), and this is what she aspires to do)