Jan
11

Employment Exodus

employment exodus The male labor force participation rate for those aged 25-54 has fallen from 97.9% in 1954 to 88%. With a Bachelor’s degree or more the rate is 94%, for those with some college the rate’s 88%, and for those with a HS diploma or less it’s 83%. Not coincidentally, the percentage of those employed in routine repetitive jobs has fallen from 40.5% of the labor force in 1979 to 31.2%.

 

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