Mancession : 1 of 6 men not employed
May 8, 2010
It’s hard to exaggerate how bad the job market is. Here’s one arresting fact: One of every five men 25 to 54 isn’t working.
Even more alarming, the jobs that many of these men, or those like them, once had in construction, factories and offices aren’t coming back. “A good guess…is that when the economy recovers five years from now, one in six men who are 25 to 54 will not be working,” Lawrence Summers, the president’s economic adviser, said the other day.
That’s the headline screaming from the Wall Street Journal Article
It may be time to rethink the entire concept of women as a minority, as it stands now Women now account for more than half the work force (considering they are more than half the population as well) … so what’s the minority status for?
Increasingly the women in the household is the breadwinner and the man is at home with the kids. This is becoming more of the norm than the exception. With a 20% unemployment rate among men, yet half that among women.
This is becoming more and more of a problem, women owned firms are given preference for government contracts, larger firms are given special treatment when they hire women on some government contracts. In other words we need to strike “women” from the rules and add “men” yesterday to correct this or else you are going to see a huge number of unemployed men (even bigger than now)… many of them with no college education (due to similar incentives given to colleges, and similar college loans given only to women).
We’re not against boosting women’s roles, our problem is that you can’t have a huge population of unemployed men roaming the streets, nothing good will ever come from that.
The problem is also it’s the types of men that are generally unemployed… the young, less educated ones with very limited financial resources… the ones with nothing to lose.
Here is a recent picture from Greece that may lay out the problem.
Are we saying that that is our future? Well the answer is yes and no, if we continue to head down this path of huge unemployment numbers, almost all of the men… the answer is yes, this is exactly what our future holds.
If we take action now and pull most (if not all) of these sexist laws then perhaps we MIGHT bring the employment force back to equilibrium.
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