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Regarding those millions of unemployed men…
What’s the cause? Well, it isn’t the Chinese. It isn’t NAFTA. It isn’t even necessarily automation. It is something far more insidious.
The work rate for adult men has plunged 13 percentage points in a half-century. This “work deficit” of “Great Depression-scale underutilization” of male potential workers is the subject of Nicholas Eberstadt’s new monograph “Men Without Work: America’s Invisible Crisis,” which explores the economic and moral causes and consequences of this:
Since 1948, the proportion of men 20 and older without paid work has more than doubled, to almost 32 percent. This “eerie and radical transformation” — men creating an “alternative lifestyle to the age-old male quest for a paying job” — is largely voluntary. Men who have chosen to not seek work are two-and-a-half times more numerous than men who government statistics count as unemployed because they are seeking jobs.
[What Eberstadt calls a “normative sea change” has made it a “viable option” for “sturdy men,” who are neither working nor looking for work, to choose “to sit on the economic sidelines, living off the toil or bounty of others.” Only about 15 percent of men ages 25 to 54 who worked not at all in 2014 said they were unemployed because they could not find work.
For 50 years, the number of men in that age cohort who are neither working nor looking for work has grown nearly four times faster than the number who are working or seeking work. And the pace of this has been “almost totally uninfluenced by the business cycle.” The “economically inactive” have eclipsed the unemployed, as government statistics measure them, as “the main category of men without jobs.”
It is hard to attribute this to any single cause but it is closely correlated with this…
The collapse has coincided with a retreat from marriage (“the proportion of never-married men was over three times higher in 2015 than 1965”), which suggests a broader infantilization.
This is cultural and very troubling.
Discuss.
Source: http://therealrevo.com/blog/?p=150407
