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More Men in Prime Working Ages Don't Have Jobs
Keywords:
Peters and Wessel provide profiles of middle aged American men in 2014- as tech workers out of jobs as technology shifts and worker skills fall behind, younger men with masters degrees in fields such as public administration where it is hard to find jobs and workers lack retraining, and other men who lost jobs from globalization or the 2009 economic crisis. About one in 6 working age American men 25-54 are without jobs- about 10.4 million. Of this group two thirds are not looking for work either because they cannot find decent paying jobs or are too discouraged looking for work, and are not counted in the unemployment rate calculated by the Labor Department. About three quarters of the working age men not working have only a high school education compared to 55% with jobs. Wages for highschool dropouts have declined by 25% since the 1970's, and 15% for those without a college degree but having a high school diploma- some of these men are going back to school, others lacking retraining are too discouraged to look for work and depending on a spouse or government benefits. It is these people U.S. Fed chairpersons Ben Bernanke and Janet Yellen have in mind as they shape Fed policies since 2009 to not leave them behind.
A disappearing U.S. middle class in 2012-2015
01/20/2010
Meyerson, Ignatius and others ask the tough questions about America and the prospects for a future with a disappearing middle class, pointing to the need to structure globalization and build cooperation between workers, management and the government in new constructive ways.
Grouped Articles
Americaâs Sinking Middle Class
New York Times 09/18/2013
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
New York Times 02/08/2012
Falling Wages at Factories Squeeze the Middle Class
New York Times 11/20/2014
Washington Post 11/22/2014
Women in the U.S. workplace.
09/20/2010
Grouped Articles
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Paid Leave Encourages Female Employees to Stay
New York Times 07/28/2014
Engage Girls With Tech Education, Leadership Early, Women CIOs Say
Wall Street Journal 12/04/2014
Silicon Valley: Perks for Some Workers, Struggles for Parents
New York Times 04/07/2015
Ranks of Women on Wall Street Thin
Wall Street Journal 09/20/2010
Wall Street Journal 02/19/2011
Whats the real U.S. unemployment rate in November 2011, 11% or less than 9%? Its 11%!
01/04/2010
U.S. government statistics don't count long term unemployed who have stopped looking for work. Ed Luce of the Financial Times, says the figure is about 11% for the U.S. in Nov. 2011, when you include these people, which is the right number to look at. Also relevant are the underemployed, including this group brings the rate closer to 20%, reflecting the real situation in the U.S.
Grouped Articles
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
It's Still Bad for the Long Term Unemployed
New York Times 04/04/2014
Yellen’s Not on Team Krueger When it Comes to Inflation and the Unemployed
Wall Street Journal 04/16/2014
In Tepid Wage Growth, a Potent Sign of a Still-Fragile Economy
New York Times 05/05/2014
Hiring Is Strong and Jobless Rate Declines to 6.1%
New York Times 07/03/2014
Wonkbook: The real unemployment rate is 11 percent - The Washington Post
Washington Post 12/12/2011
The shrinking U.S. middle class and what this may mean for consumption in the years ahead.
02/26/2008
If only 1.9 million hourly workers earned more than $20 per hour in April 2008, when the deep downturn that hit in October 2008 had not ocurred and the shift to part time employment and lower auto related wages was just underway, what would the numbers look like by 2010? And what does that mean for consumption? Does it prolong the downturn with demand slow to pick up? What does it mean for exports from China?
Grouped Articles
Americaâs Sinking Middle Class
New York Times 09/18/2013
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Falling Wages at Factories Squeeze the Middle Class
New York Times 11/20/2014
Washington Post 11/22/2014
U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise
New York Times 09/18/2015
The performance of men and women in the American workforce- 2007-2014
05/07/2012
Women have recovered most of the ground lost after the 2008 financial crisis compared to men. Men worked in construction and other fields slower to recover, and women worked in retail, hospitality and healthcare which were less affected by the crisis.
Grouped Articles
Women Reach a Milestone in Job Market
Wall Street Journal 11/18/2013
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Wall Street Journal 05/07/2012
Paid Leave Encourages Female Employees to Stay
New York Times 07/28/2014
How to Attract Female Engineers
New York Times 04/27/2015
To Lift Growth, Janet Yellen Says, Make It Easier for Women to Work
The New York Times 05/05/2017
Returning young veterans 20-24 and the poor job market in the U.S.
12/17/2011
Soldiers returning from the war face the added hurdle of a high unemployment rate of about 30% for veterans in the 20-24 age group, which is much higher than the rate for that age group in the general population.
Grouped Articles
New York Times 06/22/2013
Wanted: Jobs for the New 'Lost' Generation
Wall Street Journal 09/14/2013
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Why the Housing Market Is Still Stalling the Economy
New York Times 04/24/2014
New York Times 06/07/2014
For Youngest Veterans, the Bleakest of Job Prospects
New York Times 12/17/2011
The impact of unemployment in the U.S. on middle aged people- 2011-2013
04/13/2009
Grouped Articles
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Longer Unemployment for Those 45 and Older
New York Times 04/13/2009
For Middle-Aged Job Seekers, a Long Road Back
Wall Street Journal 06/23/2012
Mortimer Zuckerman: Those Jobless Numbers Are Even Worse Than They Look
Wall Street Journal 09/07/2012
Wall Street Journal 12/13/2012
The mounting toll of joblessness on America.
06/06/2009
The emotional toll on parents and children is mounting with depression, mental illess, and struggle for basic necessities is showing up for the unemployed millions in America. The serious problem of the long term unemployed in the U.S., very different from any previous recession.
Grouped Articles
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
It's Still Bad for the Long Term Unemployed
New York Times 04/04/2014
Yellen’s Not on Team Krueger When it Comes to Inflation and the Unemployed
Wall Street Journal 04/16/2014
Stuck at Unemployed: When A Layoff Becomes a Lifestyle
Washington Post 06/06/2009
Poll Shows Mounting Toll of Joblessness on Nation
New York Times 12/15/2009
New York Times 12/23/2009
U.S. Federal Reserve's 6.5% unemployment target with 2% inflation announced by Bernanke in Dec. 2012
01/27/2009
The U.S. Fed's chairman Bernanke says the Fed will keep rates low till unemployment reaches 6.5% citing "the tremendous waste in human potential" of high unemplyment rates. As long as inflation remains subdued at 2% the Fed will continue its current policy of low rates. In 2013 the Fed will continue bond buying at the rate of $85 billion a month. If unemployment drops to 6.5%, but this is because more people are dropping out of the labor market the Fed will take this into account, says Bernanke. The Fed will also keep an eye out for asset bubbles in the economy.
Grouped Articles
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
Fed Officials Try to Set the Market at Ease
Wall Street Journal 06/24/2013
Wall Street Journal 07/05/2013
Wall Street Journal 07/11/2013
FX HORIZONS: The Fed’s Risky Codependency with Markets
Wall Street Journal 07/11/2013
Bernanke Plays Down Link Between Jobless Rate, Fed Moves
Wall Street Journal 07/18/2013
U.S. Federal Reserve chairwoman Janet Yellen's thinking on unemployment and expected Fed policy in 2014-2015
01/23/2014
Grouped Articles
Don’t Expect Job Data Alone to Persuade Fed on Rates
New York Times 01/23/2014
A Fed Policy Maker, Changing His Mind, Urges More Stimulus
New York Times 01/27/2014
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Wall Street Journal 02/08/2014
Fed's Yellen Sets Course for Steady Bond-Buy Cuts
Wall Street Journal 02/12/2014
Why high unemployment and the high percentage of the long term unemployed is determining U.S. Federal Reserve interest rate policy in 2012-2014
01/27/2009
With 40% of the unemployed in the U.S. shown as long term unemployed, mismatch in skills and other structural problems with unemployment, the U.S. Federal Reserve policies of Fed chairman Bernanke are geared to addressing this problem.
Grouped Articles
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
Fed Officials Try to Set the Market at Ease
Wall Street Journal 06/24/2013
Wall Street Journal 07/11/2013
FX HORIZONS: The Fed’s Risky Codependency with Markets
Wall Street Journal 07/11/2013
Bernanke Plays Down Link Between Jobless Rate, Fed Moves
Wall Street Journal 07/18/2013
Economy May Be Getting Its Wings Clipped
Wall Street Journal 07/30/2013
Faces of men who are unemployed or in part time work in the U.S. as one sixth of men 25-54 lack jobs in 2014
02/07/2012
The sharp decline in inflation adjusted wages for less skilled workers since 2000 and lack of decent paying jobs has led to many men too discouraged to look for work, and dependent on a spouse's income or government benefits. This is unlike any other post 1950's economic recovery in the U.S.
Grouped Articles
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Bayer: Pressure on Prices Has Bad Side Effects
Wall Street Journal 02/07/2012
New York Times 02/08/2012
Hiring Rises, but Number of Jobless Stays High
New York Times 04/04/2014
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
A part-timer boom, or blip? - The Washington Post
Washington Post 07/16/2014
Fragility of social cohesion in the U.S. with unemployment concentrated in the lower middle and working classes.
03/11/2009
Figures from the Center of Labor Market Studies of Northeastern University in Boston showing unemployment of 9% in the $40,000 to $50,000 annual household income group and going up to 31% at the lowest income group. Higher inequality as differences in education between lower income and higher income Americans grows. The problem of the long term unemployed is a serious one.
Grouped Articles
Wall Street Journal 09/14/2011
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
New York Times 06/22/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
Wall Street Journal 07/22/2013
The Great Stagnation in American Education
New York Times 09/07/2013
U.S. Federal Reserve report on the drop in incomes and net worth of American families between 2007-2010
01/02/2009
The Fed documents the impact of the financial crisis of 2008-2009 on American families. Half the middle class is dislocated financially by the crisis and minorites fare badly. Median incomes drop 8% and housing asset values drop an average of 42%. Median net worth down 39% taking it back to where it was in 1992. American families work down their debt, reducing credit card balances.
Grouped Articles
Wall Street Journal 09/14/2011
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
Americaâs Sinking Middle Class
New York Times 09/18/2013
Wall Street Journal 09/17/2010
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Wall Street Journal 04/04/2009
U-6, the rate that reflects unemployment and part-time workers in the U.S. at 14.7% in Sept 2012
04/05/2012
Grouped Articles
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
New York Times 04/05/2012
The incredible shrinking labor force - The Washington Post
Washington Post 05/05/2012
It's Still Bad for the Long Term Unemployed
New York Times 04/04/2014
'Real Unemployment' Rate Points in the Wrong Direction
New York Times 04/04/2014
In Tepid Wage Growth, a Potent Sign of a Still-Fragile Economy
New York Times 05/05/2014
The shift to part-time workers, lower incomes and the U.S. unemployment rate- 2008 -2014
03/08/2008
Grouped Articles
Wall Street Journal 09/14/2011
New York Times 06/22/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
Wall Street Journal 08/12/2013
Wall Street Journal 09/17/2010
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
Declining U.S. Labor Force Participation Rate for 2010-2016 and its implications for unemployment and economic growth
06/06/2009
Grouped Articles
Job Growth Eases Fears About Effect of Closing
New York Times 11/08/2013
Candid Criticism for Fed That Wasnât on the Agenda
New York Times 11/08/2013
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
New York Times 04/05/2012
Takeaways From the Monthly Jobs Report
Wall Street Journal 04/05/2014
The employment to population ratio for U.S. unemployment- 2011-2014
06/06/2009
The serious problem of the large number of long term unemployed persons in the U.S., very different from under any previous recession.
Grouped Articles
90 Million Americans Not Working
Wall Street Journal 10/23/2013
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
New York Times 04/05/2012
Wall Street Journal 04/05/2014
Hiring Rises, but Number of Jobless Stays High
New York Times 04/04/2014
The job crisis for employment of men in the U.S.
03/14/2009
The participation rate in the job market for men between 16-64 is dropping over time. It was 85% in the 1950's and has dropped continually after each recession. It is now at 65%. More and more men simply drop out of the labor market after failing to find jobs, creating a disturbing trend for the country. This does not show up in improving unemployment statistics.
Grouped Articles
Job Growth Eases Fears About Effect of Closing
New York Times 11/08/2013
Candid Criticism for Fed That Wasnât on the Agenda
New York Times 11/08/2013
Women Reach a Milestone in Job Market
Wall Street Journal 11/18/2013
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Bayer: Pressure on Prices Has Bad Side Effects
Wall Street Journal 02/07/2012
The nature of unemployment in this U.S. downturn as men, young people and the less educated are the worst hit groups.
03/11/2009
In this US downturn men are hit harder than women with job losses in manufacturing and construction, the less educated hit hardest, and young people also hit hard.
Grouped Articles
New York Times 06/22/2013
Wanted: Jobs for the New 'Lost' Generation
Wall Street Journal 09/14/2013
Women Reach a Milestone in Job Market
Wall Street Journal 11/18/2013
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
Wall Street Journal 10/02/2010
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
The performance of socially conscious economies of Europe and the U.S. economy compared.
01/11/2010
Why Europe compares favorably with the US economy in areas like unemployment when looking at the 24-54 working age group, technology adoption, economic growth when you factor out population growth in the USA, and with higher taxes offset by social benefits for large segments of society.
Grouped Articles
New York Times 04/13/2013
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Growth isn’t enough to help the middle class - The Washington Post
Washington Post 02/14/2013
New York Times 01/11/2010
New York Times 02/09/2010
Comparative Advantage and American Jobs
Wall Street Journal 01/26/2011
U.S. Federal Reserve Bank policy emerging from the September 2011 FOMC meeting
09/07/2011
The Fed's policy according to Neil Irwin of the Washington Post, is to move in the direction of reducing the composition of its bond portfolio rather than printing new money for new bond purchases. That policy of printing money for bond purchases came under criticism from Republican presidential candidates and there were three dissenters at the last FOMC meeting. Mindful of this the Fed is now considering a policy called a "switch," of buying more long term bonds and reducing the short term bonds in its portfolio. This would reduce long term interest rates. The impact on the housing market of past and current moves is limited by the fact that the mortgage markets are not functioning properly, as a large proportion of homeowners are under water (owe more than their house is worth). The Fed's effort come under its mandate to keep unemployment in check in addition to inflation.
Grouped Articles
‘Fragile Five’ Is the Latest Club of Emerging Nations in Turmoil
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Fed considers buying more long-term Treasury bonds to lower mortgage rates - The Washington Post
Washington Post 09/07/2011
Bernanke Takes On a Balancing Act
Wall Street Journal 09/07/2011
Wall Street Journal 09/21/2011
Parsing the Fed: How the Statement Changed
Wall Street Journal 09/21/2011
Why high unemployment in the U.S. is expected for 2010-2014
06/06/2009
Structural problems like a mismatch of skills between maufacturing and construction sectors worst hit since 2008 and growing sectors like healthcare is one problem. Geographic factors and difficulty selling homes in states like Michigan is another. The tighter credit from a return of banking sector losses from bad home equity loans that is expected in late 2010 will keep the recovery from taking hold keeping unemployment high. The economic uncertainty following repeated budget battles between political parties also affects business investment.
Grouped Articles
90 Million Americans Not Working
Wall Street Journal 10/23/2013
Hiring Slowdown Blurs Growth View
Wall Street Journal 01/20/2014
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
New York Times 04/05/2012
Hiring Is Strong and Jobless Rate Declines to 6.1%
New York Times 07/03/2014
Faces the U.S. Federal Reserve's Janet Yellen will have in mind as she shapes Fed policies
01/23/2014
The long term unemployed will shape Yellen's thinking on Fed policy in 2014-2015, especially men of working age.
Linked Articles
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Don’t Expect Job Data Alone to Persuade Fed on Rates
New York Times 01/23/2014
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