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376 “All the (Unemployed) Young Dudes”

The Fifth Column

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What Happens When You Get Deindustrialization?

In every rich democratic, never communist country, you've had some drop in workforce participation by guys. But there's no country in the rich world that has had such a steep, radical and continuing drop as the USA. We are as close to national twins with Canada as any two big countries are. And even Canada's not the same as us. We're down a lot faster than Canada. That's crazy. The pandemic, incredible amounts of spending on encouraging people not to work and a bunch of other things besides. A thing that people say is what happens when you get deindustrialization: high school graduates have a more difficult time finding work. You can't get the same manufacturing job

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