Posted on 02/06/2014 10:47:06 AM PST by reaganaut1
...
More than one in six men ages 25 to 54, prime working years, don't have jobs—a total of 10.4 million. Some are looking for jobs; many aren't. Some had jobs that went overseas or were lost to technology. Some refuse to uproot for work because they are tied down by family needs or tethered to homes worth less than the mortgage. Some rely on government benefits. Others depend on working spouses.
Having so many men out of work is partly a symptom of a U.S. economy slow to recover from the worst recession in 75 years. It is also a chronic condition that shows how technology and globalization are transforming jobs faster than many workers can adapt, economists say.
The trend has been building for decades, according to government data. In the early 1970s, just 6% of American men ages 25 to 54 were without jobs. By late 2007, it was 13%. In 2009, during the worst of the recession, nearly 20% didn't have jobs.
Although the economy is improving and the unemployment rate is falling, 17% of working-age men weren't working in December. More than two-thirds said they weren't looking for work, so the government doesn't label them unemployed. The January snapshot of the job market is due Friday.
For women, the story is different. In the 1950s, only about a third of women ages 25 to 54 had jobs. That rose steadily until the 1990s, and then leveled off for reasons that aren't clear. At last tally, about 70% were working; 30% weren't.
Men without jobs stand apart in a society that has long celebrated work and hailed the breadwinners who support their families. "Our culture is one that venerates work, that views work as good for its own sake," said David Autor, [an MIT] economist.
(Excerpt) Read more at online.wsj.com ...
Thanks Obama!
Many are still living in their mama’s basement.
Lies! All lies! Clown Prince nobama said the economy was doing well. How can this be?
Employers can't risk a lawsuit by denying a job to an older worker.
I’m self-employed and went overseas. Does that count as a job going overseas?
Whole jobs-going-overseas thing is a fake issue. The buildings remain abandoned, because if they sell them or rent them to another company, all sorts of severance benefits to laid-off union members become due and owing. The unions and management of the gone companies could get creative, exchange those putative severance benefits and the company’s useless real estate holdings for equity in a new company that will make something, but instead the buildings remain empty, the rust belt gets rustier, and there are no jobs.
Wealth is a state of mind waiting to get turned into a fact. Poverty is a state of mind that inevitably gets turned into a fact.
This used to be called unemployment. The real unemployment rate is about 20%.
Now the statistics are falsified to keep the unemployment rate down and the MSM dutifully reports the artificially low number the government publishes.
But think of all the time they have to be free agents, pursue their hobbies, and spend more time with their families? What’s not to like? (/s)
I work with lots of women...nurses, therapists, aides, etc....I can tell you the women keep working well into their 60's while their husbands are "retired" or just not working....most women I work with will work til full SS age maybe beyond, while their husbands start collecting early......
Or the guy up the street who got on disability so he could sit around drinking beer and watching porn all day.
Take a good look next time you're in a pharmacy, bank, public school, hospital, doctor's office. Very few are men, and even fewer are straight white men.
Look at the commercials on tv. To the extent there are white males there, they are portrayed as sloppy dressers and simple minded. When was the last time you saw a white male in the anchor chair for local/national news - weather...the list goes on.
Part of our ‘fundamental transformation’.
Nearly 25% of our workforce sitting idle, is evidence of a major depression. If the stats needed to show this as a depression aren’t there, then it’s time to develop a new gauge of what exactly a depression is.
Almost half of our workforce is either idle, or working for far less than they were making a decade ago.
If that isn’t a depression, then the term is useless, and the term recession is just a sick joke.
LOL I’m one of those...the woman, that is with a guy that’s sort of looking, but family issues are keeping him from looking. I’d like a better job, but at 50+ I’m just not as sharp as I once was and doubt I’d get a new one.
Have you not heard the latest spin from Jay Carney and Harry Reid? This is good news. Men are no longer suffering from “job lock.” Men are not locked into jobs. They can spend more time with their family. No more “job lock”. Hooray! Men can stay home and get subsidized health insurance from the gubmint.
Free At Last!!!
Free At Last !!!
Thanks To King Obama The Almighty !!!
Free At Last !!!
This is the result of years of liberalism! Taking away a man’s ability to work and earn a living and support his family is like cutting off his man parts.
Feminazis love it. They have no sympathy and no understanding for men. They feel that men deserve it. They have always wanted to castrate men, and finally found a way to do it-through the government.
The men I know who are long time out of work want to work. Funny how their wives are still working.
Somehow I have the uneasy feeling that Obama and the One-World-ers have their contingency plan at the ready “To Not Waste any crisis”.
job lock... hahhh!!!!
what spin... then I guess everything is a lock.. locked into morgage payments... locked into parenting children..locked into car payments... locked into our job.. those 10 million should be so lucky to be locked into a job.
wouldn’t it be nice to be baby again, and spoon fed our food and had our diapers changed for us.
these are children up there at the White House... children.
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