3 ms·
Unemployment numbers don’t include people who are not of retired age but have chosen to stop looking for work The share of prime working aged men who aren’t wo
by tempsy 4y ago
Unemployment numbers don’t include people who are not of retired age but have chosen to stop looking for work
The share of prime working aged men who aren’t working and not looking for work is historically high.
- toomuchtodo 4y ago> The share of prime working aged men who aren’t working and not looking for work is historically high. It will also remain high due to structural socioeconomics, somewhat similar to Japan’s Hikikomori.
- bryanlarsen 4y agoThe share of men under 50 in the work force is higher now than it was pre pandemic.
- tempsy 4y agoNo it’s not. Overall labor force participation rate is still under pre pandemic levels. Where did you get that? https://fred.stlouisfed.org/series/CIVPART https://fred.stlouisfed.org/series/CIVPART
- bryanlarsen 4y agoI got it from the stlouisfed too, but can't find it now. Your link certainly doesn't disprove my assertion, since yours is for all Americans, not the under 50's.