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American Men Heading for 25% Unemployment by 2050

washingtonpost.com

1–10 of 16 posts

Re: American Men Heading for 25% Unemployment by 2050

#5

Why American men specifically? Is it that women tend to be in careers that are less under threat in the next 34 years? Or, are they similarly affected here?

I asked the same question the last time this was posted. Discussion here: https://news.ycombinator.com/item?id=12585129

Re: American Men Heading for 25% Unemployment by 2050

#6

Bad logic and flawed data extrapolation in the title and graph. You can't extrapolate percentages linearly over large amounts, otherwise by the year 2550 there will be 125% unemployment. As usual, relevant XKCD: https://xkcd.com/605/

I don't think the findings are all the flawed -- you see similar %'s in other developed economies. It's not like Lawrence Summers just extrapolated the data and relied only on that!

Re: American Men Heading for 25% Unemployment by 2050

#7

Bad logic and flawed data extrapolation in the title and graph. You can't extrapolate percentages linearly over large amounts, otherwise by the year 2550 there will be 125% unemployment. As usual, relevant XKCD: https://xkcd.com/605/

Exactly what I came to comment, thanks.

Re: American Men Heading for 25% Unemployment by 2050

#9

Why American men specifically? Is it that women tend to be in careers that are less under threat in the next 34 years? Or, are they similarly affected here?

women's role in the economy (not seeking employment -> seeking employment) has shifted drastically over the decades, making it harder to draw silly linear trend lines like OP.

Re: American Men Heading for 25% Unemployment by 2050

#10
post #6

Bad logic and flawed data extrapolation in the title and graph. You can't extrapolate percentages linearly over large amounts, otherwise by the year 2550 there will be 125% unemployment. As usual, relevant XKCD: https://xkcd.com/605/

I don't think the findings are all the flawed -- you see similar %'s in other developed economies. It's not like Lawrence Summers just extrapolated the data and relied only on that!

I edited my comment to say title and post. After reading a bit more thoroughly I realized he doesn't blindly use the graph data. But that title on the post is sure misleading! I guess the article title "A disaster is looming for American men" was a bit too vague for HN, but I think the replacement title is flawed.
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