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Not Working - Where Have All the Good Jobs Gone? (Hardcover)
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Not Working - Where Have All the Good Jobs Gone? (Hardcover)
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A candid assessment of why the job market is not as healthy as we
think Don't trust low unemployment numbers as proof that the labor
market is doing fine-it isn't. Not Working is about those who can't
find full-time work at a decent wage-the underemployed-and how
their plight is contributing to widespread despair, a worsening
drug epidemic, and the unchecked rise of right-wing populism. In
this revelatory and outspoken book, David Blanchflower draws on his
acclaimed work in the economics of labor and well-being to explain
why today's postrecession economy is vastly different from what
came before. He calls out our leaders and policymakers for failing
to see the Great Recession coming, and for their continued failure
to address one of the most unacknowledged social catastrophes of
our time. Blanchflower shows how many workers are underemployed or
have simply given up trying to find a well-paying job, how wage
growth has not returned to prerecession levels despite rosy
employment indicators, and how general prosperity has not returned
since the crash of 2008. Standard economic measures are often blind
to these forgotten workers, which is why Blanchflower practices the
"economics of walking about"-seeing for himself how ordinary people
are faring under the recovery, and taking seriously what they say
and do. Not Working is his candid report on how the young and the
less skilled are among the worst casualties of underemployment, how
immigrants are taking the blame, and how the epidemic of
unhappiness and self-destruction will continue to spread unless we
deal with it.
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