US Low-Skill Males Drop Out Of Jobs Market

[Purveyor]

Labour-force participation among men of prime working age has dropped by more in the US than in any other OECD country apart from Italy in the past quarter century.

The decline has been driven in part by weaker employer demand for people with lower skills, according to a report from President Barack Obama’s Council of Economic Advisers.

The study on Monday shed light on one of the major concerns about America’s recovery: while unemployment has been falling, a large number of people have also been dropping out of the jobs market altogether.

Among so-called prime-aged men between the ages of 25 and 54, the participation rate fell more steeply than in all but one other country in the OECD from 1990 to 2014, the report found. It is now the third-lowest among 34 OECD nation

more...

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=newssearch&cd=1&cad=rja&uact=8&ved=0ahUKEwiomZnt4bnNAhXK6yYKHQYHAkkQqQIIHigAMAA&url=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fa5d5a8fe-36f5-11e6-a780-b48ed7b6126f.html&usg=AFQjCNHwIcj6WX-feje17zboZLsoVUglDQ&sig2=ZfJpXcgrBvoUYVPW6qMz7w

[Winston.Smith]

1. A guy at the gym whose family used to build houses was telling me about

the fact that he could not get a subcontractor that did not use all Mexican labor. A guy used to be able to fall back on manual labor at construction sites carrying bricks or sheetrock or other stuff. Not any more. It might be that the subs are allowed to cheat the Mexicans out of some of their pay and the Americans would not go for that and the subs could make more money. But he told me that his family just got out of the business because they did not like the way the system was going.

[whatthehey]

2. I'm not signing up. Why all the relative statements and no meat in the snips?

What about numbers? What is the participation rate? By how many did it fall? What were the positions of the countries in FEmale employment at the start and end of this period? What has the rate of disability done in the countries involved? The number of people in higher education in this age range? The number who are caring for their aging parents? Are older people working at a higher rate than previously? Has the racial make-up and the participation rate of each race changed?

[Purveyor]

3. I updated the link to the google link. This should get you to the article bypassing the paywall...

sometimes anyway.

[Wellstone ruled]

5. You nailed it.

This report seemed to be aligned with Janet Yellen's appearance before the Senate Banking Committee this morning. Noticed all the Business Networks were yapping about this. Read this thing twice,looks more like talking points coming from the RNC and the Chamber of Commerce,and the kick off of the Rethug Campaign Season with every thing is President Obama's fault. Still running against the most popular President in modern times,don't think that is a smart idea,of course,the Rethugs have never been smart just corrupt.

[Buddyblazon]

4. And what are we doing to retrain these people?

Offering them student loans to get reeducated so they forever be in debt?

I mean that's what the choices are now. And even then you're not guaranteed a job. Our country has to be one of the few that does little to nothing to retrain people for new careers.