Curated by CLAI
WORK HARD, GET RICH? The number of people who believe you can start off poor and get rich has steadily declined.
- In 2005, 80% said it was possible.
- By 2011 it was at 75% and dropped to 71% in July 2012.
- In 2014, almost 48% of all Americans said they expected life for “future generations” to be “worse than life today,” while 22% said it would be better. Another 27% said life would be about the same.
Read more: Work hard, get rich? Maybe not anymore (Washington Post)
VANISHING MALE WORKER: Working, in America, is in decline. The share of prime-age men — those 25 to 54 years old — who are not working has more than tripled since the late 1960s, to 16%.
- Deep changes in American society have made it easier for them to live without working: the availability of federal disability benefits; the decline of marriage, which means fewer men provide for children; and the rise of the Internet, which has reduced the isolation of unemployment.
- It has become harder for men to find higher-paying jobs. Foreign competition and technological advances have eliminated many of the jobs in which high school graduates once could earn $40 an hour, or more.
- The poll found that 85% of prime-age men without jobs do not have bachelor’s degrees. And 34% said they had criminal records, making it hard to find any work.
Read more: The Vanishing Male Worker: How America Fell Behind (New York Times)