Comment Susan: Excellent insights on an important issue from an authoritative source.
Despite recent gains in employment rates across the country, one in seven, (or 15 percent) of American men between the ages of 25 and 54 currently aren’t working—and this number has been on the rise for decades. This troubling trend has led to wasted human potential, more people collecting government benefits, and fewer people paying taxes, all of which are harmful to the economy as a whole.
But why is this happening? In a new video, David Wessel, Director of the Hutchins Center on Fiscal and Monetary Policy at Brookings, provides a few possible explanations: