[lbo-talk] How we got from there to here

Mike Beggs mikejbeggs at gmail.com
Wed Jul 13 19:48:41 PDT 2011


On Thu, Jul 14, 2011 at 8:39 AM, Carrol Cox <cbcox at ilstu.edu> wrote:


> Just a ote of clarification. Yes, the song doesn't represent rebellion; it
> represents the degree of 'freedom' achieved by the end of the '60s; the
> availability of jobs. In that review I referred to the reviewer from his own
> experience at the time told of quitting a job and finding another one in two
> days.

So this was common experience in the US at the time? I knew it was like that here, but I wasn't sure about the US, because you never had unemployment rates as low as those of the UK or Australia. Here in Australia 3 per cent unemployment was considered terrible in the early 1960s, and it stayed below 2 per cent for a decade from 1963. In the US it never got below 3.4 per cent in the 1960s, and only went under 4 for four years from 1966. (Things were better in the early 1950s, according to the BLS.) Differences in statistical definitions and collection methods might account for some, but not all, of the difference.

Mike



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