#44: Dropping out of work
Work bit 1: Low unemployment does not necessarily imply a strong economy. It can be a sign of weakness if it reflects a shrinking labor force. The share of the population at work today is actually below its peak in April 2000. This shows that millions of potential workers have dropped out of the labor force completely and are no longer counted as unemployed.
Work bit 2: Some level of dropping out does happen. For example, some people leave work to raise children or to go back to school.
Work bit 3: However, dropping out is a problem when who drops out happens to be millions of men aged 35-55, in the prime of their working lives.
Work bit 4: Don’t assume dropouts are lazy - we need to ask why. As Peter Drucker said “The most important thing in communication is hearing what isn't said.”
I’m james@nonsenseatwork.com
Copyright: 2006 James Henry McIntosh
James can be heard on Public Radio, 88.9 FM WCVE, Richmond VA.
Monday - 7:19am and Saturday - 8:19am
Work bit 2: Some level of dropping out does happen. For example, some people leave work to raise children or to go back to school.
Work bit 3: However, dropping out is a problem when who drops out happens to be millions of men aged 35-55, in the prime of their working lives.
Work bit 4: Don’t assume dropouts are lazy - we need to ask why. As Peter Drucker said “The most important thing in communication is hearing what isn't said.”
I’m james@nonsenseatwork.com
Copyright: 2006 James Henry McIntosh
James can be heard on Public Radio, 88.9 FM WCVE, Richmond VA.
Monday - 7:19am and Saturday - 8:19am
posted by James Henry McIntosh at
8:20 AM
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