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English
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This book examines the decreasement in work rate for American males aged twenty-five to fifty-four.
The stock market continues to set new records. Unemployment continues to go down. The United States is now at or near "full employment," at least according to received wisdom. But a closer look at economic data by Nicholas Eberstadt reveals something else entirely. While "unemployment" has gone down, the work participation rate, and especially the...
Author
Series
Language
English
Description
In a brand new introduction, Eberstadt explains how the government's response to Covid-19 inadvertently exacerbated the flight from work in America. From indiscriminate pandemic shutdowns to almost unconditional "unemployment" benefits, Americans were essentially paid not to work. Thus today, despite the vaccine rollouts, inexplicable numbers of working age men and women are sitting on the sidelines while over 11 million jobs go unfilled. Current...
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