Work Hard, Get Rich? Fewer Men Working

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

Vanishing male worker (NYTIMES)

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)

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