Posted on Mar 3, 2023

America's low labor participation rate 'a social and economic disaster,' experts warn

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There is good and bad here. The bad is just beneath the surface and dangerous.
Article Quote: Dr. Samuel Gregg, a distinguished fellow at the American Institute for Economic Research, tweeted, "THIS is the employment number that should concern Americans: our abysmal labor participation rate. Some Americans have stopped looking OR decided that they don't want to work OR cobbled together enough forms of welfare rather than work."

America's low labor participation rate 'a social and economic disaster,' experts warn

Posted from foxbusiness.com

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Posted 1 y ago

Responses: 3

COL Randall C.

Posted 1 y ago

A large portion of those that left the labor force are older workers, but the 'prime' worker category (aged 25-54) still isn't at pre-COVID levels (in fact, the only category that seems to be above pre-COVID levels are Asians and 16-19 year olds).

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SFC (Join to see)

1 y

How to motivate people, old and young is an agelong question. I’m not too bright but I do know one thing, giving them equal to, or more than they can make in an apprentice job to sit home isn’t going to help our nation. Some of my grandchildren got that sense there were worth more than they were during the lockdown. Thank God they seem to have worked that out of their system and are learning to work with people now. I'm keeping my fingers crossed.

(2)

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MSG Stan Hutchison

Posted 1 y ago

I see the old gremlin word "welfare" found it's way into the conservative vocabulary again.

(1)

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SFC (Join to see)

1 y

Good morning Stan. I'm all for welfare and help, when it's needed. When it's not needed it can cause more harm than good. MHO.

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MSG Stan Hutchison

1 y

SFC (Join to see) - I can agree to that. While there will always be abusers of the system, I think most states have tightened up the requirements and are also monitoring for those abusers.

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LTC Trent Klug

1 y

And 'laziness' is still engraved in progressive vocabulary.

(0)

MSG Stan Hutchison

1 y

LTC Trent Klug - More nonsense.

(0)

CMSgt Marcus Falleaf

Posted 1 y ago

That's the part obiden doesn't understand.

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America's low labor participation rate 'a social and economic disaster,' experts warn

America's low labor participation rate 'a social and economic disaster,' experts warn

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