Raw Data: Who’s Working?

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Mike Konczal points out today that youth unemployment in the United States is nearly as high as it is in all those Middle Eastern countries where it’s considered a “time bomb” of sorts. “Given this,” he asks, “how could we ever say youth unemployment in the United States’ Lesser Depression isn’t a ‘time-bomb’?” He then posts a chart of the employment-population ratio of 16-24 year olds that “floored” him. As well it should: it’s been on a steep downward trend ever since 1990.

But it’s not just young people, though they’ve done worse than older cohorts. Here’s the employment-population ratio for everyone over the past 30 years. The trend for men stayed pretty steady through the 80s and 90s, while women joined the labor force in increasing numbers. Then the bottom fell out. The employment ratio for both sexes fell during the 2001 recession, never recovered during the Bush era, and then plummeted again in 2008. The Great Recession has made all of this far more visible, but the problem didn’t really start in 2008. It started in 2000. The U.S labor market has been stagnant for over a decade now.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

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