Larry Summers: A Third Of Men Aged 25-54 Will Be Out Of Work By 2050

feedback@businessinsider.com (Greg McKenna), Business Insider
Tue, 09/27/2016 - 11:35pm

Here’s a sobering thought. Former US Treasury Secretary Larry Summers says the unrelenting rise in the proportion of men without work since the 1970s will continue and by 2050 he estimates that around one-third of all men in the United States will be without work. Writing on his blog, Summers says jobs are being destroyed by technology and have been for decades. “Job destruction caused by technology is not a futuristic concern.

Topics: here&rsquo former us treasury secretary larry summers united states writing ldquo;job but summers declining american watch summers men work technology linear year suggests rates destruction rate

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Larry Summers: A Third Of Men Aged 25-54 Will Be Out Of Work By 2050

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