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Wednesday, May 11, 2016

CBO: Higher Minimum Wage, Smaller Military Leads to Jump in Male Unemployment, Incarceration

Minimum wage policies may have played a role in the significant jump in unemployment and imprisonment among young men, according to a new report.

The nonpartisan Congressional Budget Office found that 6 million young men are jobless or behind bars, about 16 percent of all males aged 18 to 34. That represents a nearly 50 percent increase from 1980, when 11 percent of men were jobless or in the prison system. These rates are higher for less educated men: 20 percent of young men with high school diplomas lack work or freedom.

“Young men with less education were more likely than those with more to be jobless or incarcerated. For example, in 2014, about 1 in 5 young men with only a high school education was jobless or incarcerated,” the report says.

More here

7 comments:

  1. pathetic rhetoric. even if EVERYONE had a degree, someone would still need to be a cashier or make pizza.

    How much did you pay for your indoctrination?

    ReplyDelete
    Replies
    1. YEAH let's pay thugs $20 flipping burgers just so they won't riot.

      Delete
  2. Truth. This country thrived during the Industrial Revolution, before mandatory educational institutions became mass warehouses to keep urchins off the street (and out of factories where they competed with adults for jobs). High school diplomas weren't that common, and college was only for the elite and well connected.

    But guilds and apprenticeships provided the requisite knowledge to learn a marketable trade. A skill that one could use to support oneself, regardless. Experience, skill and prior accomplishments were far more desirable than a freshly minted diploma.

    Years ago, a the delimitation was a high school diploma, and perhaps some experience on the job. Now, employers often require a college education for the same jobs, even though the job itself has not changed. Just the requirements to be hired.

    ReplyDelete
  3. We need a new frontier like space. This way we focus our factories on something productive instead of xboxes and warplanes ships and bombs.

    ReplyDelete
  4. Liberal laws have forced manufacturing jobs out of the USA. But unions also have caused much of the problems here because of demands for higher wages and more benefits or workers strike.

    ReplyDelete
    Replies
    1. Unions are all that have stood between the working middle class and the decline into a disposable, part-timed, lowest bidder peonry.

      Delete
  5. Send them to the military.

    ReplyDelete

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