How many really suffer as a result of labor market
problem? This is one of the most critical yet contentious socia; policy
question. In many ways, our social statistic exaggrate the degree of hardship.
Unemployment does not have the same dire consequence today as it did in the
1930’s when most of the unemployed were primary breadwinners, when income and
earnings were usually much colser to the margin of subsistence, and when there
were no countervailing social programs for those failing in the labor market.
Increasing affluence, the rise of...
