Tag: Job Crisis

Commentary: The Real Job Crisis in Michigan

Admin

The real crisis in the U.S. labor market is not, as we keep hearing, that there are not enough people who can work. The real crisis is all the working-age people on the sidelines, not even looking for a job. Yes, the unemployment rate is low, but that statistic covers only those who have looked for a job in the last four weeks. The labor-force participation rate, which measures the share of working-age people working or at least looking for work, shows a long-term decline, especially for men without a college degree, and practically in states like Michigan. When able-bodied men are not even looking for work, a host of social problems ensue — from crime, to drug addiction, to family breakdown. 

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Commentary: The Real Job Crisis in Wisconsin

Admin

The real crisis in the U.S. labor market is not, as we keep hearing, that there are not enough people who can work. The real crisis is all the working-age people on the sidelines, not even looking for a job. Yes, the unemployment rate is low, but that statistic covers only people who have looked for a job in the last four weeks. The labor force participation rate, which measures the share of working age people working or at least looking for work, shows a long-term decline, particularly for men without a college degree, and especially in states like Wisconsin. When able-bodied men are not even looking for work, a host of social problems ensue — from crime, to drug addiction, to family breakdown. 

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Commentary: The Real Job Crisis in Connecticut

Admin

The real crisis in the U.S. labor market is not, as we keep hearing, that there are not enough people who can work. The real crisis is all of the working-age people on the sidelines, not even looking for a job. Yes, the unemployment rate is low, but that statistic covers only people who have looked for a job in the last four weeks. The labor force participation rate, which measures the share of working-age people working or at least looking for work, shows a long-term decline, especially for men without a college degree. This is especially true in states like Connecticut. When able-bodied men are not even looking for work, a host of social problems ensue — from crime, to drug addiction, to family breakdown. 

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Commentary: The Real Job Crisis in Florida

Admin

The real crisis in the U.S. labor market is not, as we keep hearing, that there are not enough people who can work. The real crisis is all the working-age people on the sidelines, not even looking for a job. Yes, the unemployment rate is low, but that statistic covers only people who have looked for a job in the last four weeks. The labor force participation rate, which measures the share of working-age people working or at least looking for work, shows a long-term decline, especially for men without a college degree. This is especially true in states like Florida. When able-bodied men are not even looking for work, a host of social problems ensue — from crime, to drug addiction, to family breakdown. 

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