1. The Ghost Army: Tracking the Collapse of Work for Prime-Age Men Nicholas Eberstadt Book: Men Without Work (Post-Pandemic Edition) Nicholas Eberstadt's book introduces the metaphor of the "ghost army": over 7 million men of prime working age (25-54) who
Season 1, Episode 28, Oct 26, 01:27 AM
Share
Subscribe
1. The Ghost Army: Tracking the Collapse of Work for Prime-Age Men Nicholas Eberstadt Book: Men Without Work(Post-Pandemic Edition)
Nicholas Eberstadt's book introduces the metaphor of the "ghost army": over 7 million men of prime working age (25-54) who are out of the workforce altogether, neither working nor looking for work. This cohort, the "backbone of the economy," has seen a collapse of work over half a century. The decline is measured using the Labor Force Participation Rate (LFPR), which dropped from 96.6% in 1965 to 88.2% by 2015. Eberstadt notes this decline is generational, with each younger cohort on a lower work trajectory than the last. The severity of the decline in the USA is described as "strikingly more severe" than in comparable rich countries like Canada.
1936
Nicholas Eberstadt's book introduces the metaphor of the "ghost army": over 7 million men of prime working age (25-54) who are out of the workforce altogether, neither working nor looking for work. This cohort, the "backbone of the economy," has seen a collapse of work over half a century. The decline is measured using the Labor Force Participation Rate (LFPR), which dropped from 96.6% in 1965 to 88.2% by 2015. Eberstadt notes this decline is generational, with each younger cohort on a lower work trajectory than the last. The severity of the decline in the USA is described as "strikingly more severe" than in comparable rich countries like Canada.
1936