4 ms·
I think stuff from the recent "people checking out of workforce" threads may also contribute to this: "In 1950, 14 percent of men were out of the labor force.
by twelve40 4y ago
I think stuff from the recent "people checking out of workforce" threads may also contribute to this:
"In 1950, 14 percent of men were out of the labor force. Today, that figure stands at 31 percent."
https://www.nytimes.com/2018/06/15/business/men-unemployment-jobs.html https://www.nytimes.com/2018/06/15/business/men-unemployment...
If we take 40 hours (and that's less, according to the original article), then this factor alone would make it 31% less for an average man! So 8 hours a day just turned into 5.52 hours, for men at least.
It's just that the rest of the time is not spent puffing cigars at the gentlemen's club as Keynes might have imagined, but stuffing your face with hot pockets playing Call of Duty on your aging parent's couch.
However, from the original rootsofprogress.org article, i didn't quite get this part:
men aged 20
Work hours Other hours
70,612 (20%) 276,522 (80%)
Ok, so retirement, sure. They mentioned child labor, holidays and education, but for most men aged 20 in the US that doesn't even apply (20 is not a child, number of holidays barely went up on their graph, education is irrelevant for 70% of men aged 20). They don't seem to consider the 31% men checking out of workforce. So what is this huge number of non-work hours that makes up 80% of your life? Guess I have to go read the reference.
- aaomidi 4y agoOkay and what about women?
- twelve40 4y agoi have no idea since i'm just a rando googling things, but there seems to be a ton more data available for men, and it's probably because in the 30's and before that, women were stereotyped much more than today and it's hard to do apples-to-apples. But feel free to pull up more data and contribute to the conversation!
- metaphor 4y agoIn the U.S., labor force participate rate for women[1] increased from ~33% to ~58% over the same period, peaking at 60.3% circa Apr 2000. In contrast, participation rate for men[2] bottomed at 66.1% circa Apr 2020...for the time being. Here's some data on aggregate U.S. labor force[3], and breakdowns of men[4] and women[5] constituent components. I'll leave it to the passersby to contemplate. [1] https://fred.stlouisfed.org/series/LNS11300002 https://fred.stlouisfed.org/series/LNS11300002 [2] https://fred.stlouisfed.org/series/LNS11300001 https://fred.stlouisfed.org/series/LNS11300001 [3] https://fred.stlouisfed.org/series/CLF16OV https://fred.stlouisfed.org/series/CLF16OV [4] https://fred.stlouisfed.org/series/LNS11000001 https://fred.stlouisfed.org/series/LNS11000001 [5] https://fred.stlouisfed.org/series/LNS11000002 https://fred.stlouisfed.org/series/LNS11000002