During this time, we saw an increased number of men living with parents & choosing unemployment over lower paying jobs.
Shocking fact: Millennial men are less likely to work than any other age and gender demographic in America.
Today, there are 500,000 young men missing from the U.S. workforce.
Research suggests video games & improved leisure tech plays a role in the problem. 👇 Thread:
During this time, we saw an increased number of men living with parents & choosing unemployment over lower paying jobs.
1 in 4 living in their parents’ home neither go to school nor work.
What's more surprising? 9 in 10 who lived with their parents a year ago are still living there w/ no plans to leave.
https://t.co/iv3mNx3Wi1
According to economist David Dorn:
“If you get to the point where you’re turning 30, you’ve never held a real job and you don’t have a college education, then it is very hard to recover at that point.”
Forbes interview w/ a high school educated man:
"I’m very quick to get frustrated when people refuse to pay me what I’m worth."
“People feel that they have choice nowadays, and they do.”
https://t.co/CQwgpGrPow
A large % of disability is mental health & substance abuse related.
According to the CDC: men are much more likely to overdose on drugs or die from suicide. https://t.co/7w0Gv85dBI
Unemployed millennial men spend 10+ hours per week on recreational computer activities.
Full report: https://t.co/T5rg7D2dt0
Researchers suggest over time videos games become a crutch & form of escapism for unemployed men.
Unlike low to middle skill jobs, video games provide:
The ability to make choices
Feeling of mastery and achievement
Visible achievement & status
Remember: "People feel that they have choice nowadays, and they do.” 🎮
Imagine: the future of work = more time to play video games 🎮.
More from Society
1/OK, data mystery time.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.