In his overview, this is what our unacknowledged misery looks like:By 2017, American real estate assets were at all-time highs and rising in value. Wealth was generating far more wealth on its own, untethered from the creation of new products or services. Between 2000 and 2016, the labor force participation rate for Americans 20 and older plummeted. According to Eberstadt, “The unemployment rate tracks only joblessness for those still in the labor force; it takes no account of labor force dropouts. There is a direct link between how a company views its labor force, how it treats those human beings, and how those human beings then pass along this devotion or disdain to customers.

Source: Forbes January 08, 2021 20:26 UTC