
Thoughtful Money with Adam Taggart
10 Million Prime-Age Adults Giving Up On Work | Nicholas Eberstadt
May 19, 2024
Nicholas Eberstadt, an expert in economics and demographics, discusses the alarming trend of prime-age adults giving up on work. They delve into the reasons behind this crisis, the societal implications, technology addiction, and challenges of reintegrating individuals into the workforce. A thought-provoking conversation on a pressing issue affecting our economy and society.
01:14:43
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Quick takeaways
- Growing trend of prime-age adults leaving the workforce due to societal changes and lack of skills.
- Potential negative societal impacts include decline in trust, cooperation, and social capital.
Deep dives
Challenges in Workforce Participation
There is a growing trend of men and women, especially prime-age individuals, leaving the workforce, even though job opportunities exist. Factors contributing to this trend include societal changes, addiction to digital media, and the lack of valuable skills or education. The addition of women without work, particularly those unmarried and without kids at home, adds to this worrisome trend.
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