The trend for men in particular goes back half a century, but for all groups, the dropout rate accelerated dramatically after 2008:
January 18, 2013
America's disappearing workforce
Laissez Faire - One of the most bizarre happenings in our current economic
environment has been the surprising collapse of the number of people in
the labor pool. This reality adds a sting to the unemployment numbers.
They are falling bit by bit, but so is the total pool of people who are
even part of the count. Once people drop out, they disappear
economically.
The trend for men in particular goes back half a century, but for all groups, the dropout rate accelerated dramatically after 2008:
The trend for men in particular goes back half a century, but for all groups, the dropout rate accelerated dramatically after 2008:
6 comments:
You realize that the link, not the chart, comes from one of those nutball libertarian websites, right?
Cybernation and consolidation seem yet to be fully comprehended by most when evaluating the dynamics of the modern workplace. Simply put, it no longer really takes that many people to perform essential tasks.
"Simply put, it no longer really takes that many people to perform essential tasks."
Then what do we do with those people? Throwing them out into the street hasn't worked. Nor has prison. We need to have alternatives for the "surplus population" that are more humane than the Dickensian crud we've been serving up.
The answer, Strelnikov, is socialism. The government then provides work (not handouts) to everybody able to work, and handouts to the infirm.
Much of the future of employment is organic farming.
In the short term, a 30 hour work week. In the long term, the benefits of technology must be shared.
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