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Showing posts with the label cheater's guilt

Comments XIII

Jobs?  "I don't want one," is the response from 34.3% of people.  This is the latest statistic from the Wall Street Journal, where it is noted this is up from 30% just two decades ago.   In a recent paper, Declining Labor Force Attachment and Downward Trends in Unemployment and Participation, by economists Regis Barnichon and Andrew Figura divided those out of the labor force using a simpler standard: whether or not the person says they want a job.  the paper is rather technical, but understandable.  But it does render a couple of questions.  (1) How much unemployment by those not wishing employment can a prosperous nation absorb - and remain prosperous?  (2) What is the critical mass whereby this "don't want a job" attitude toward work becomes epidemic in society?  The answer the the second question is unexplored. There is another population out there not yet analyzed.  This group, those people employed by in totally non productive venues.  Many governm