The Psychology of the Recession on the Workplace

Download The Psychology of the Recession on the Workplace PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 0857933841
Total Pages : 359 pages
Book Rating : 4.8/5 (579 download)

DOWNLOAD NOW!


Book Synopsis The Psychology of the Recession on the Workplace by : Cary L. Cooper

Download or read book The Psychology of the Recession on the Workplace written by Cary L. Cooper and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Two deep human needs are to master the world and to feel safe and secure. The Great Recession thwarted both needs for millions of people around the world. Cooper and Antoniou's global team of scholars address the psychological, economic, social, and other dimensions of our current crisis while charting paths whereby we can again satisfy these needs. Let us rise above the crisis and follow Aristotle's path to living well and faring well. This book offers a plan for doing so.' James Campell Quick, The University of Texas at Arlington, US An economic recession can affect the aggregate well-being of a population. This highly regarded and timely book shows a significant increase in the mean levels of distress and dissatisfaction in the work place in recent years. In particular, increasing job demands, intrinsic job insecurity and increasingly inadequate salaries make substantial contributions to psychological distress, family conflict and related behaviors. The contributors reveal that the recession has fundamentally altered the way employees view their work and leaders. With employers and employees still facing a continued period of uncertainty, a severe impact on employment relations is a continuing reality. Given the difficult economic times, many people are feeling the pressure to work harder. This book will be valuable for undergraduate students and practitioners in the fields of organizational behavior and human resource management.

Work Sharing during the Great Recession

Download Work Sharing during the Great Recession PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1782540881
Total Pages : 321 pages
Book Rating : 4.7/5 (825 download)

DOWNLOAD NOW!


Book Synopsis Work Sharing during the Great Recession by : Jon Carleton Messenger

Download or read book Work Sharing during the Great Recession written by Jon Carleton Messenger and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Work sharing' is a labour market instrument devised to distribute a reduced volume of work to the same (or similar) number of workers over a diminished period of working time in order to avoid redundancies. This fascinating and timely study presents the concept and history of work sharing and explores the complexities and trade-offs involved in its use as both a strategy for preserving jobs and a policy for increasing employment. The expert contributors examine the resurgence in the use of work sharing as a job preservation strategy via country case studies of work-sharing programmes implemented across the globe during the Great Recession of 20082009. These studies clearly illustrate that work sharing has been successful as a crisis-response measure in a number of countries. Lessons learned and their implications are presented alongside prescriptions on how to design permanent work-sharing policies that would provide appropriate incentives to generate positive effects for employment and promote a sustainable and job-rich economic recovery. This enlightening book will prove invaluable to academics, researchers, students and policymakers in the fields of labour economics, public sector economics and social policy.

The Great Recession

Download The Great Recession PDF Online Free

Author :
Publisher : Russell Sage Foundation
ISBN 13 : 1610447506
Total Pages : 344 pages
Book Rating : 4.6/5 (14 download)

DOWNLOAD NOW!


Book Synopsis The Great Recession by : David B. Grusky

Download or read book The Great Recession written by David B. Grusky and published by Russell Sage Foundation. This book was released on 2011-10-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.

Work-Life Balance in Times of Recession, Austerity and Beyond

Download Work-Life Balance in Times of Recession, Austerity and Beyond PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1317405641
Total Pages : 256 pages
Book Rating : 4.3/5 (174 download)

DOWNLOAD NOW!


Book Synopsis Work-Life Balance in Times of Recession, Austerity and Beyond by : Suzan Lewis

Download or read book Work-Life Balance in Times of Recession, Austerity and Beyond written by Suzan Lewis and published by Routledge. This book was released on 2016-08-12 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reflects the enormous interest in work-life balance and current pressing concerns about the impacts of austerity more broadly. It draws on contemporary research and practitioner experiences to explore how work-life balance and related workplace and social policy fare in turbulent economic times and the implications for employees, employers and wider societies. Authors consider workplace trends, practices and employment relations and the impacts on work, care and well-being of diverse workers. A guiding theme throughout the book is a triple agenda of supporting employee work-life balance, workplace effectiveness and social justice. The final chapters present case studies of innovative processes and organizational practices for addressing the triple agenda, note the important role of social policy context and discuss the challenge of extending debates on work-life balance to include a social justice dimension. This book will be of interest to academics and postgraduate students of organisational psychology, sociology, human resource management, management and business studies, law and social policy, as well as employers, managers, HR managers, trade unions, and policy makers.

The Budget and Economic Outlook

Download The Budget and Economic Outlook PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 196 pages
Book Rating : 4.3/5 (243 download)

DOWNLOAD NOW!


Book Synopsis The Budget and Economic Outlook by :

Download or read book The Budget and Economic Outlook written by and published by . This book was released on 2008 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oregon Blue Book

Download Oregon Blue Book PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 196 pages
Book Rating : 4.:/5 (319 download)

DOWNLOAD NOW!


Book Synopsis Oregon Blue Book by : Oregon. Office of the Secretary of State

Download or read book Oregon Blue Book written by Oregon. Office of the Secretary of State and published by . This book was released on 1915 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

One Foot Out the Door

Download One Foot Out the Door PDF Online Free

Author :
Publisher : AMACOM/American Management Association
ISBN 13 : 9780814409503
Total Pages : 248 pages
Book Rating : 4.4/5 (95 download)

DOWNLOAD NOW!


Book Synopsis One Foot Out the Door by : Judith M. Bardwick

Download or read book One Foot Out the Door written by Judith M. Bardwick and published by AMACOM/American Management Association. This book was released on 2008 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: As many as two-thirds of our employees are either actively looking for new jobs or merely going through the motions at their current jobs. Fearful and feeling vulnerable after years of watching friends get laid off, they expect the worst to happen, and they see no reason to give it their all. This phenomenon, identified by renowned author Judith M. Bardwick as "the psychological recession," can have a devastating effect on a company's financial health. Based on extensive research showing how costly bad management really is, this eye-opening book offers concrete prescriptions for combating alarming trends such as high turnover, low productivity, and lackluster performance, including techniques for: * strengthening the bonds of trust and respect between managers and employees * customizing working conditions and rewards for individual employees * hiring for the "best fit" between the organization's core culture and the personal qualities and priorities of the individual Using hard numbers and current studies that prove the direct connection between a company's financial performance and its employees' commitment, this book is a wake-up call to organizations desperately needing to restore the broken spirits at the heart of their companies, and enhance their bottom lines

Public Jobs and Political Agendas

Download Public Jobs and Political Agendas PDF Online Free

Author :
Publisher : ILR Press
ISBN 13 : 9780913447055
Total Pages : 0 pages
Book Rating : 4.4/5 (47 download)

DOWNLOAD NOW!


Book Synopsis Public Jobs and Political Agendas by : Daniel J. B. Mitchell

Download or read book Public Jobs and Political Agendas written by Daniel J. B. Mitchell and published by ILR Press. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume spotlights the important public/private differences that account for the special attention visited upon the public sector starting with the Great Recession.

Why Wages Don't Fall during a Recession

Download Why Wages Don't Fall during a Recession PDF Online Free

Author :
Publisher : Harvard University Press
ISBN 13 : 0674020901
Total Pages : 538 pages
Book Rating : 4.6/5 (74 download)

DOWNLOAD NOW!


Book Synopsis Why Wages Don't Fall during a Recession by : Truman F. BEWLEY

Download or read book Why Wages Don't Fall during a Recession written by Truman F. BEWLEY and published by Harvard University Press. This book was released on 2009-06-30 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: A deep question in economics is why wages and salaries don't fall during recessions. This is not true of other prices, which adjust relatively quickly to reflect changes in demand and supply. Although economists have posited many theories to account for wage rigidity, none is satisfactory. Eschewing "top-down" theorizing, Truman Bewley explored the puzzle by interviewing--during the recession of the early 1990s--over three hundred business executives and labor leaders as well as professional recruiters and advisors to the unemployed. By taking this approach, gaining the confidence of his interlocutors and asking them detailed questions in a nonstructured way, he was able to uncover empirically the circumstances that give rise to wage rigidity. He found that the executives were averse to cutting wages of either current employees or new hires, even during the economic downturn when demand for their products fell sharply. They believed that cutting wages would hurt morale, which they felt was critical in gaining the cooperation of their employees and in convincing them to internalize the managers' objectives for the company. Bewley's findings contradict most theories of wage rigidity and provide fascinating insights into the problems businesses face that prevent labor markets from clearing. Table of Contents: Acknowledgments 1. Introduction 2. Methods 3. Time and Location 4. Morale 5. Company Risk Aversion 6. Internal Pay Structure 7. External Pay Structure 8. The Shirking Theory 9. The Pay of New Hires in the Primary Sector 10. Raises 11. Resistance to Pay Reduction 12. Experiences with Pay Reduction 13. Layoffs 14. Severance Benefits 15. Hiring 16. Voluntary Turnover 17. The Secondary Sector 18. The Unemployed 19. Information, Wage Rigidity, and Labor Negotiations 20. Existing Theories 21. Remarks on Theory 22. Whereto from Here? Notes References Index Reviews of this book: In Why Wages Don't Fall During A Recession, [Truman Bewley] tackles one of the oldest, and most controversial, puzzles in economics: why nominal wages rarely fall (and real wages do not fall enough) when unemployment is high. But he does so in a novel way, through interviews with over 300 businessmen, union leaders, job recruiters and unemployment counsellors in the north-eastern United States during the early 1990s recession...Mr. Bewley concludes that employers resist pay cuts largely because the savings from lower wages are usually outweighed by the cost of denting workers' morale: pay cuts hit workers' standard of living and lower their self-esteem. Falling morale raises staff turnover and reduces productivity...Mr. Bewley's theory has some interesting implications...[and] has a ring of truth to it. --The Economist Reviews of this book: This contribution to the growing literature on behavioral macroeconomics threatens to disturb the tranquil state of macroeconomic theory that has prevailed in recent years...Bewley's argument will be hard for conventional macroeconomists to ignore, partly because of the extraordinary thoroughness and honesty with which he evidently conducted his investigation, and the sheer volume of evidence he provides...Although Bewley's work will not settle the substantive debates related to wage rigidity, it is likely to have a profound influence on the way macroeconomists construct models. In particular, the concepts of morale, fairness, and money illusion are almost certain to play a big role in macroeconomic theory. His demonstration that there exist in reality simple, robust behavioral patters that cannot plausibly be founded on traditional maximizing behabior also raises the prospect of a more empirically oriented, more behavioral macroeconomics in the future. --Peter Howitt, journal of Economic Literature Reviews of this book: I think any scholar interested in labour markets and wage determination should read this well-written, lively, and highly stimulating book...[It] provides a fresh view and a lot of complementary background knowledge about how experienced people in the field see the employment relationship and what is actually crucial. Knowledge of this sort is all too rare in economics, and Truman Bewley's truly impressive study can serve as a role model for future investigations. --Simon G'chter, Journal of Institutional and Theoretical Economics To call this book a breath of fresh air is an understatement. The direct insights are fascinating, and Truman Bewley's use of them is sharp and insightful. Labor economists and macroeconomists have a lot to think about. --Robert M. Solow, Nobel Laureate, Institute Professor of Economics, Emeritus, Massachusetts Institute of Technology Truman Bewley set out to conduct a handful of interviews with business executives to gain some theoretical inspiration, and his project blossomed into over 300 interviews with business people, labor leaders and consultants. He is truly the accidental interviewer of economics. Time and again, he found that workers behave like people, not atomistic, selfish economic agents. His insights will engage and enrage economic theorists and empiricists for years to come. --Alan Krueger, Bendheim Professor of Economics and Public Affairs, Princeton University

The Redistribution Recession

Download The Redistribution Recession PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0199942218
Total Pages : 364 pages
Book Rating : 4.1/5 (999 download)

DOWNLOAD NOW!


Book Synopsis The Redistribution Recession by : Casey B. Mulligan

Download or read book The Redistribution Recession written by Casey B. Mulligan and published by Oxford University Press. This book was released on 2012-11-29 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Major subsidies and regulations intended to help the poor and unemployed were changed in more than a dozen ways after 2007. Economist Casey B. Mulligan argues that many of these changes were reasonable reactions to economic events, with the intention of helping people endure the recession, but they also reduced incentives for people to work and businesses to hire. He measures the startling changes in implicit tax rates that resulted from a labyrinth of new and expanded 'social safety net' programs, and quantifies the effects of these changes on the labor market and the economy. He also reveals how borrowers can expect their earnings to affect the amount that lenders will forgive in debt renegotiation, and how this has acted as a massive implicit tax on earning. He explains how redistribution in the forms of subsidies, taxes and minimum-wage laws profoundly altered the path of the economy and made the recent recession one of the deepest and longest in decades. The Redistribution Recession is a controversial, clear-cut, and thoroughly researched analysis of the effects of various government policies on the labor market. It offers ground-breaking interpretations and precise explanations of the interplay between unemployment and financial markets."--Jacket.

Recession at Work

Download Recession at Work PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1135055548
Total Pages : 236 pages
Book Rating : 4.1/5 (35 download)

DOWNLOAD NOW!


Book Synopsis Recession at Work by : Bill Roche

Download or read book Recession at Work written by Bill Roche and published by Routledge. This book was released on 2013-05-02 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: How has the recession affected the conduct of human resource management? How have HR departments and managers fared? Have leading firms taken measures to sustain and revive their businesses through innovative HR measures? How have union representation and influence been affected? Is the recession reshaping work and employment practices? These are among the questions answered in Recession at Work, the first systematic study in Europe to deal with the effects of the economic crisis on people at work. Drawing on survey data for Ireland provided by nearly 500 managers responsible for human resources, on focus groups of HR managers and trade union officials, and on detailed case studies of six major firms, the book provides an unrivalled picture of the effects of the current recession on how people are managed and how they are represented by trade unions. Examining the effects of the Irish recession on work and employment in the context of international experience and commentary, this book provides detailed information and analysis on the ways in which firms have sought to handle the challenges that have arisen since the severe reverse in Ireland’s economic fortunes in 2008.

Foreign Exchange Value of the Dollar

Download Foreign Exchange Value of the Dollar PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4.:/5 (327 download)

DOWNLOAD NOW!


Book Synopsis Foreign Exchange Value of the Dollar by : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Trade, Investment, and Monetary Policy

Download or read book Foreign Exchange Value of the Dollar written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Trade, Investment, and Monetary Policy and published by . This book was released on 1984 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Working Scared (or Not at All)

Download Working Scared (or Not at All) PDF Online Free

Author :
Publisher : Rowman & Littlefield Publishers
ISBN 13 : 9781299141742
Total Pages : 195 pages
Book Rating : 4.1/5 (417 download)

DOWNLOAD NOW!


Book Synopsis Working Scared (or Not at All) by : Carl E. Van Horn

Download or read book Working Scared (or Not at All) written by Carl E. Van Horn and published by Rowman & Littlefield Publishers. This book was released on 2013 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Work Scared draws on nearly twenty-five thousand interviews with employed and unemployed Americans conducted from 1998 to 2012. These voices of American workers tell a compelling story about wrenching structural changes and recessions during one of the most volatile periods in U.S. economic history. This book represents one of the most comprehensive social science research portraits of the views of American workers about their jobs, the workplace, and government's role in the labor market. Working Sacred will help citizens, policy makers, educators, businesses, unions, and community leaders betters understand what is happening to the U.S. workforce. It also describes the essential national priorities and policies that will assist frustrated, angry, and scared American workers and the reforms that will help restore the American dream of secure employment and intergenerational progress."--Jacket.

How Did Employee Ownership Firms Weather the Last Two Recessions?

Download How Did Employee Ownership Firms Weather the Last Two Recessions? PDF Online Free

Author :
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880995254
Total Pages : 180 pages
Book Rating : 4.8/5 (89 download)

DOWNLOAD NOW!


Book Synopsis How Did Employee Ownership Firms Weather the Last Two Recessions? by : Fidan Ana Kurtulus

Download or read book How Did Employee Ownership Firms Weather the Last Two Recessions? written by Fidan Ana Kurtulus and published by W.E. Upjohn Institute. This book was released on 2017-01-15 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employee ownership firms offer workers the opportunity to own a stake in the firms where they work. This affords them the ability to share in profits and have a voice in firm-related decision-making. In this comprehensive new book, Kurtulus and Kruse provide new evidence on whether employee ownership firms are better equipped to survive recessions. In particular, they focus on broad-based employee ownership, which includes ownership at all levels in the firm’s hierarchy. The authors begin by defining what is meant by “employee ownership” and then discuss the prevalence of such firms in the United States. They also examine how employee ownership affects employment stability and why employee ownership firms have survived recessions more successfully than other firms. Kurtulus and Kruse conclude by saying that the benefits they observed in employee ownership firms, particularly the greater employment stability and survival rates, can help the overall economy. Therefore, increased government support to broaden employee ownership programs is merited.

Employment Relations in the Shadow of Recession

Download Employment Relations in the Shadow of Recession PDF Online Free

Author :
Publisher : Bloomsbury Publishing
ISBN 13 : 1350304948
Total Pages : 292 pages
Book Rating : 4.3/5 (53 download)

DOWNLOAD NOW!


Book Synopsis Employment Relations in the Shadow of Recession by : Brigid van Wanrooy

Download or read book Employment Relations in the Shadow of Recession written by Brigid van Wanrooy and published by Bloomsbury Publishing. This book was released on 2013-11-25 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: How have employment relations evolved over the last decade? And how did workplaces and employees fare in the face of the longest recession in living memory? Employment Relations in the Shadow of Recession examines the state of British employment relations in 2011, how this has changed since 2004, and the role the recession played in shaping employees' experiences of work. It draws on findings from the 2011 Workplace Employment Relations Study, comparing these with the results of the previous study conducted in 2004. These surveys – each collecting responses from around 2,500 workplace managers, 1,000 employee representatives and over 20,000 employees – provide the most comprehensive portrait available of workplace employment relations in Britain. The book provides an in-depth analysis of the changes made to employment practices through the recession and of the impact that the economic downturn had on the shape and character of the employment relationship.

Work-Life Balance in Times of Recession, Austerity and Beyond

Download Work-Life Balance in Times of Recession, Austerity and Beyond PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 131740565X
Total Pages : 198 pages
Book Rating : 4.3/5 (174 download)

DOWNLOAD NOW!


Book Synopsis Work-Life Balance in Times of Recession, Austerity and Beyond by : Suzan Lewis

Download or read book Work-Life Balance in Times of Recession, Austerity and Beyond written by Suzan Lewis and published by Taylor & Francis. This book was released on 2016-08-12 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reflects the enormous interest in work-life balance and current pressing concerns about the impacts of austerity more broadly. It draws on contemporary research and practitioner experiences to explore how work-life balance and related workplace and social policy fare in turbulent economic times and the implications for employees, employers and wider societies. Authors consider workplace trends, practices and employment relations and the impacts on work, care and well-being of diverse workers. A guiding theme throughout the book is a triple agenda of supporting employee work-life balance, workplace effectiveness and social justice. The final chapters present case studies of innovative processes and organizational practices for addressing the triple agenda, note the important role of social policy context and discuss the challenge of extending debates on work-life balance to include a social justice dimension. This book will be of interest to academics and postgraduate students of organisational psychology, sociology, human resource management, management and business studies, law and social policy, as well as employers, managers, HR managers, trade unions, and policy makers.

Men Without Work

Download Men Without Work PDF Online Free

Author :
Publisher : Templeton Foundation Press
ISBN 13 : 1599474700
Total Pages : 217 pages
Book Rating : 4.5/5 (994 download)

DOWNLOAD NOW!


Book Synopsis Men Without Work by : Nicholas Eberstadt

Download or read book Men Without Work written by Nicholas Eberstadt and published by Templeton Foundation Press. This book was released on 2016-09-12 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: By one reading, things look pretty good for Americans today: the country is richer than ever before and the unemployment rate is down by half since the Great Recession—lower today, in fact, than for most of the postwar era. But a closer look shows that something is going seriously wrong. This is the collapse of work—most especially among America’s men. Nicholas Eberstadt, a political economist who holds the Henry Wendt Chair in Political Economy at the American Enterprise Institute, shows that while “unemployment” has gone down, America’s work rate is also lower today than a generation ago—and that the work rate for US men has been spiraling downward for half a century. Astonishingly, the work rate for American males aged twenty-five to fifty-four—or “men of prime working age”—was actually slightly lower in 2015 than it had been in 1940: before the War, and at the tail end of the Great Depression. Today, nearly one in six prime working age men has no paid work at all—and nearly one in eight is out of the labor force entirely, neither working nor even looking for work. This new normal of “men without work,” argues Eberstadt, is “America’s invisible crisis.” So who are these men? How did they get there? What are they doing with their time? And what are the implications of this exit from work for American society? Nicholas Eberstadt lays out the issue and Jared Bernstein from the left and Henry Olsen from the right offer their responses to this national crisis. For more information, please visit http://menwithoutwork.com.