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Edward Glaeser on Joblessness and the War on Work

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Are You More Likely to Be Jobless?

i think that the two primary potential culprits are labor demand and labor supply. Once upon a time, america had an abundant amount of demand for men who were strong but perhaps not particularly well educated in terms of formal schooling. And over the course of the past 50 years, the demand for less well educated men have has plummeted. The main story for that is that we've made joblessness less awful right? Have benefit programmes like disability insurance that actually make it possible to be a to be jobless and to survive. That's pulled back the the labor supply. But te other two,  we see labor supplied being pulled back, at the same time we have both the welfare system

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