If you are in the bottom 50% it's like being in the bottom caste of India
techpineapple · 1h ago
It’s a stark number: 212,000. That’s how many women ages 20 and over have left the workforce since January, according to the most recent jobs numbers released Aug. 1 by the Bureau of Labor Statistics. (By contrast, 44,000 men have entered the workforce since January.)
The use of “entered” and “left” is confusing to me, are they comparing apples and oranges or net job gains and losses. Presumably some women entered the workforce during this time and some men left right?
DaveZale · 1h ago
ummm because a tiny sliver of the population sequesters half the wealth?
Hey, things have been declining steadily for working class Americans for 60 years now.
AI will make it worse.
DaveZale · 1h ago
it is very clear that the OpenhypeAI folks are out in force here.
Buh bye! What a hit squad. Money does strange things to people
The rise of the dual income household led to the rise of the dual income mortgage, which has been catastrophic for housing affordability.
TLDR: RTO & lack of flexibility, fewer federal dollars for childcare, childcare labor force issues due to immigration enforcement
here is one table
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...
If you are in the bottom 50% it's like being in the bottom caste of India
Hey, things have been declining steadily for working class Americans for 60 years now.
AI will make it worse.
Buh bye! What a hit squad. Money does strange things to people