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Working and Living in the Shadow of Economic Fragility (Hardcover)
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Working and Living in the Shadow of Economic Fragility (Hardcover)
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Not since the Great Depression of the 1930s has the United States
faced such a prolonged period of high unemployment and
underemployment. Recovery from the "Great Recession" that began in
2008 has been slow, and is projected to remain sluggish over the
next several years, while another shock to the global economy could
erase the meager gains of the past months. Economic conditions
remain fragile and employment challenges show no sign of letting
up. With persistently high unemployment and underemployment-and
growing inequality in wages-an increasing number of American
families are no longer adequately supported by employment income
and basic benefits. Many older workers have "retired" before they
are ready, and many young workers cannot find a foothold in the job
market. A silent crisis is underway, with huge social and economic
costs for the nation. Working and Living in the Shadow of Economic
Fragility examines the current state of employment through
historical, macroeconomic, cultural, sociological and policy
lenses, in order to address fundamental questions about the role
and value of work in America today. The book offers suggestions for
how to address the short- and long-term challenges of rebuilding a
society of opportunity with meaningful and sustaining jobs as the
foundation of the American middle-class.
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