
Men Without Work
by Nicholas Eberstadt · first published 2016
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By one reading, things look pretty good for Americans today: the country is richer than ever before and the unemployment rate is down by half since the Great Recession—lower today, in fact, than for most of the postwar era. But a closer look shows that something is going seriously wrong. This is the collapse of work—most especially among America’s men. Nicholas Eberstadt, a political economist who holds the Henry Wendt Chair in Political Economy at the American Enterprise Institute, shows that while “unemployment” has gone down, America’s work rate is also lower today than a generation ago
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…credits the decline to free trade, and both legal (H1B) and illegal immigration. [1] Read the last few paragraphs: https://www.nationalreview.com/magazine/2016/03/28/father-f-... [2] https://www.amazon.com/Men-Without-Work-Americas-Invisible/d... [3] https://www.youtube.com/watch?v=NAfm5L_DOLM
on “Uniqlo cut 90% of staff at one warehouse by replacing them with robots” ↗The book "Men Without Work: America's Invisible Crisis" by Nicholas Eberstadt also points to this too. Even though it's four years old, it uses BLS data to show the labor force participation rate and how it has been gradually declining…
on “America's True Unemployment Rate” ↗