© Justin Sullivan/Getty ImagesWork opportunity in San Francisco, CA
Almost one-third of all working-age men in America aren't doing diddly-squat. They don't have a job, and they aren't looking for one either.
One-third of all working-age men. That's almost 30 million people!How do they live? What are they doing for money? To me, this is one of the great mysteries of our time.
I'm certainly not the first person to make note of this shocking statistic. You've heard people bemoaning this
"labor participation rate," which is simply the number of working-age men (usually counted as ages 16 to 64) who are working or are seeking work, as a percentage of the overall labor force.
It's true that the pandemic, which of course produced a number of factors that made working more difficult never mind dangerous, pushed the labor participation rate to a record low.
But the fact that millions of American males have not been working precedes COVID-19 by decades. In fact, the participation rate for men
peaked at 87.4% in October 1949 and has been dropping steadily ever since.
It now stands at 67.7%.As a business journalist for a good portion of those 70-plus years, I've looked at thousands of charts and graphs in my life, and I have to say this one is as jaw dropping as it is vexing:
Economists, sociologists, politicians, and cable news pundits each have their pet factors to explain the groundswell of non-work. But after digging down here,
I've concluded there are many different forces at play. That's what I want to explore today, which is: how men can live in America without working.
Comment: The elites prove to us yet again that this virus is not a real danger to any healthy person and that all these fascistic and sadistic measures are not about our protection from any virus. They are for gaining more control over every aspect of our lives, our economy, our minds and bodies. They assume that we are their possession and we must comply with everything they want and what they say, like slaves. If we don't realize this and stand up to protect our children, our lives and our human rights, it will only become worse.
It is also another lesson for humanity. Will we learn the lesson and stand together against evil, or will humanity fail again?
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