Men are leaving the workforce at alarming rates, threatening social stability.
44.07 million eligible men are not in the labor force, an increase of 9 million since 2012.
The workforce participation rate for men dropped to 66.8%, the lowest since 1948.
older millennial didn’t invent a housing market to make theirselves richer and import a billion immigrants to lower labor prices and its absurd to claim they did
also social security is statistically very important to many boomers which is why i can hardly wait to end it. millennials have 401ks. you know, that thing that boomers invented when they got rid of pensions to save money. pensions for boomers, but nobody else because money.
Boomers? Ha, that’s entertaining.
This is the product of the older millennial helicopter parents. Little Tommy was told he was perfect, given participation trophies, and never needed to solve his own problems. He grows up and realizes he cannot handle adulting or the workforce.
Vote away social security. It’s going to hurt the little Tommy’s who aren’t going to see any of the ‘great wealth transfer’ from the Boomers. End-of-Life care is going to eat it all up because the older Millennials have cancelled their Boomer parents, and aren’t helping them with smart financial decisions. And frankly, the older Millennials actually don’t know anything worthwhile about finance, so will Hoover up and use anything they inherit.
And little Tommy will continue to wonder why he isn’t special, just like his parents had told him when he was young, and then he’ll blame everyone else.
blaming the boomers IS blaming the average americans decisions you imbecile
@e6
Youre being too reasonable here... people want a scapegoat for why their life isnt as good as "that guy's".
Pick:
Jews
The rich
Trump
Obama
Capitalism
Immigrants
Boomers
Fauci
Notice the average American's decisions does not appear not on that list.
i want you to personally know that as soon as you are no longer the voting majority i will vote to end social security
you could have put 1000$ a year into the market and had 7.2 million dollars in 40 years
instead you vote for people who print money to fund your retirement. your whole generation is a disgrace that loots the young to fuel your own interests. nobody is having kids because of you. because that costs money. because you turned housing into an “investment” by making it hard to build in order to manufacture scarcity. it will all come tumbling down and i’ll make sure im a part of it.
Well, avg home size has grown from 983sq ft in the 1950s to over 2,600sq ft for a family of 4-7. The 1950’s parent also didn’t put their kids in privately funded activities. So clearly there has been a lot of lifestyle creep driven by everyone….men, women, immigrants, you name it.
Take a step back for a minute and consider the following.
It only used to require one parent to work to support a family. Now both have to to work to support a family. Did families really win? No. It’s obviously worse.
We doubled the number of workers and therefore halved our purchasing power. Congrats, you fell for it. A similar thing is happening right now with physical labor and mexican migrants and digital labor and H1Bs.
Adding large numbers of people to the workforce at once is nothing more than a grift. It doesnt help anyone unless they own a company. The “lump of labor” idea is a lie, or at least it is asymmetrical by industry and needs a slow drip of new workers to avoid these disastrous side effects for the common person.
There was a time where men were forced into the workplace because there were no alternatives; women didn’t have viable career options that would support a family. Now that is no longer the case.
I think we are seeing men with either motivational or mental health issues find they can comfortably avoid the workplace and pivot to family caregiver. They now have the support structure to do that. (And frankly, this has been an option for women for ages.)
Is it healthy? Who knows? I would say it isn’t particularly healthy for women either; those that struggle find themselves at home, isolated…maybe with no pressures but compromised self esteem. But now men finally have equal opportunity to make this choice.
I retired at 57, no regrets.
@OP Maybe you can all man up and join an army somewhere. Since you all love g-ns and have daddy issues maybe it’s the win-win we didn’t know we needed.
Or maybe you boomers/genX could have put a little more time into raising your kids instead of slaving away for Exxon or trying to get a leg up on your colleague’s wife.
@ad they are the voters “somebody” wants