While 72 % of college, college graduates over the age of 25 have jobs, only forty one pere of high school drop outs are working. The employment rate gap between the most and least educated workers has widened from about six% in nine 19 77 to almost 15%. Kentucky's 23 percent mail jobless rate leads the nation. In egh weather is under ten per cent as o puce o.
Why are fewer men working over the last few decades? Is a universal basic income a good policy for coping with the loss of employment? Economist Edward Glaeser of Harvard University talks with EconTalk host Russ Roberts about what Glaeser calls the war on work--the policy changes that have reduced employment among prime-aged men. Glaeser does not see the universal basic income as a viable solution to the decrease in work especially if technology ends up reducing employment opportunities more dramatically in the future. The conversation also includes a discussion of the role of cities and the reduction in geographic mobility in the United States.