Record Millions Of US Adults Giving Up On Ever Finding Work | Nicholas Eberstadt скачать в хорошем качестве

Record Millions Of US Adults Giving Up On Ever Finding Work | Nicholas Eberstadt

SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at https://www.wealthion.com A lot of focus is put on the employment rate by today's economists. And by their measure, the jobs market is still robust, with unemployment, currently at 3.7%, down near all-time lows. However, those calculations completely ignore the 100 million US adults categorized as "not in the labor force" who do not work and are not looking for work. That's pretty much 1 out of every 3 US adults. A good number of those people are retired or are students. Some are caregivers and some are on disability. But a growing number of them, especially men between 25-54 years old, are voluntarily giving up finding work. It's gotten to the point where 1 in 6 prime working age men has no paid work at all. Economist Nicholas Eberstadt calls the rise of this "non-working class" and the associated despair that comes with it, "America's invisible crisis". Nicholas is the Henry Wendt Chair in Political Economy at the American Enterprise Institute and author of the book Men Without Work. We're fortunate to speak with him today about the implications of our deteriorating labor force & the most needed reforms to address it. Nicholas, thanks so much for joining us today! __________________________ At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance. We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you. There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead? Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis. Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth. SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: https://www.wealthion.com/ Subscribe to our YouTube channel: https://bit.ly/SubscribeWealthion Follow us on Twitter: https://bit.ly/WealthionTwitter Follow us on Facebook   / wealthion-109680281218040   ____________________________________ IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.