
About this episode
nObODy wAnTs To WorK AnYMore!
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It’s the classic gripe of the out of touch corporate executive hiring minimum wage workers or the trust fund baby who is angry that their gym is busy in the middle of the day…
“Nobody wants to work anymore”
Now… I really hate to say this but… by looking at the numbers… they might have a point…
Labor force participation is approaching generational lows even after the pandemic while labor force participation amongst men specifically is the lowest it has ever been…
These declines have been happening at the same time that unemployment is “theoretically” quite low which (if the economists are to be believed) means it should be easy for people who want a job to get a job right?... Well not quiet… and these numbers are confusing at best… or downright misleading at worst.
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Keywords: wealth building, financial planning, investment strategies, financial literacy, hedge funds, economics explained, economic trends
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