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A mere quick glance at their chart belies the description — the [Not In Labor Force] line is definitely flattening off in the last decade or so. While the poin
by toss1 4y ago
A mere quick glance at their chart belies the description — the [Not In Labor Force] line is definitely flattening off in the last decade or so.
While the point that immigrants are working hard is very valid, the main body of the article seems like a lot of hand-waving and fluff.
It also completely ignores the employer side of the equation, or the fact that labor now gets a lower share of GDP (vs capital) than at any time in the last 8 decades. With employers systematically designing their systems and pay to extract more labor for lower cost than ever before (increasing "productivity" — this quarter), no wonder that anyone who can stay home, is staying home. Yet the article completely ignores that.
It also ignores the fact that the US Minimum Wage was initially designed and set, into the early 1970s so that a single minimum wage employee working a full-time job could keep a family of four above the poverty line. Since then, the minimum wage has nearly flatlined. It should be into the $23hour range, or $46K/year to meet that standard (actually implementing regional levels would probably be best, but that's another story). Again, the fact that these basic worker protection failures are completely ignored by the article is damning.
It is basically a bogus opinion piece masquerating as fact-based reasoning.