One of Every Five Men 25 to 54 Isn’t Working
Even more alarming, the jobs that many of these men, or those like them, once had in construction, factories and offices aren’t coming back. “A good guess…is that when the economy recovers five years from now, one in six men who are 25 to 54 will not be working,” Lawrence Summers, the president’s economic adviser, said the other day.
I’ve heard successful, single women complain that a sizable portion of marriage-age single men are either unemployed or under-employed, but I just figured they were being facetious.
This is very worrisome.
It gives a whole new meaning to the concept of jobless recovery.
I think this is alarming.