[lbo-talk] Roubini

[Matthias Wasser]

>
> Doug, at the late-1982 peak, 85.2% of prime-age men (25-54) had jobs. In
> November 2008, only 84.9% had jobs. If we lose another 2.5% of
> employment, obviously that rate will go down even further. It will
> probably be the lowest since the Depression.
>

Are we looking at discouraged workers here, or is it e.g. grad school,
the informal sector, severe disabilities? I have poor intuitions about
the magnitudes everything signifies here.