In the middle of a Bloomberg news article about the economy, we find this:
“One in five men in the U.S. between the ages of 25 and 54 is not working right now,” he told a Jan. 30 panel discussion. Even after a “reasonable” recovery, it will be “one in seven or one in eight.” That compares to the mid-1960s, when 95 percent of men in that age range were working and “suggests quite profound issues that will ultimately impact on politics and decisions that businesses make,” he said. --Larry Summers
Ugh.
That sounds about right. My brother's that age and has had a heck of a time finding a job.
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