Status and Joblessness
March 6, 2019
Eugene Wei’s excellent Status as a Service post rang a bell for me in terms of the puzzle of the jobless prime age men in the US. The difference from just unemployment is that the folks in the jobless cohort have opted out of even trying to get work. They’re most white and in mostly former manufacturing heavy areas. They score lower on optimism than their counterparts in most of the world, and interestingly even lower than US black and latino men in similar states (See Graham and Pinto’s recent work). They view their life as worse than their parents, and don’t expect it to get better.