Steve Rattner: ‘We Have Fewer Men of Working Age in Our Labor Force than France Does’

RATTNER Let me give ░░░░░░░░ some bad news I ░░░░░░░░ t want to make ░░░░░░░░ all good news Why ░░░░░░░░ is Donald Trump still ░░░░░░░░ so well Part of ░░░░░░░░ is because we do ░░░░░░░░ a lot of disaffected ░░░░░░░░ What this shows is ░░░░░░░░ percentage of people over ░░░░░░░░ who are either working ░░░░░░░░ looking for a job ░░░░░░░░ as you can see ░░░░░░░░ peaked at 67 percent ░░░░░░░░ back around the year ░░░░░░░░ And then it went ░░░░░░░░ went up a little ░░░░░░░░ but it s now ░░░░░░░░ to 62 9 percent ░░░░░░░░ is the lowest level ░░░░░░░░ 1977 We have fewer ░░░░░░░░ of working age in ░░░░░░░░ labor force than France ░░░░░░░░ We have about the ░░░░░░░░ percentage SCARBOROUGH Stop there ░░░░░░░░ a second RATTNER We ░░░░░░░░ a fewer lower percentage ░░░░░░░░ working aged men in ░░░░░░░░ labor force either working ░░░░░░░░ looking for jobs than ░░░░░░░░ SCARBOROUGH Holy cow RATTNER ░░░░░░░░ have approximately the same ░░░░░░░░ of working age women ░░░░░░░░ our labor force as ░░░░░░░░ which is not exactly ░░░░░░░░ of as a bastion ░░░░░░░░ Why are we doing ░░░░░░░░ poorly RATTNER There s ░░░░░░░░ lot of reasons but ░░░░░░░░ has to do with ░░░░░░░░ manufacturing jobs that have ░░░░░░░░ lost the plants that ░░░░░░░░ been closed the people ░░░░░░░░ have lost their job ░░░░░░░░ simply dropped out As ░░░░░░░░ talked about on the ░░░░░░░░ last week you had ░░░░░░░░ rates go up you ░░░░░░░░ had life spans go ░░░░░░░░ drug overdose problem suicide ░░░░░░░░ There s a big ░░░░░░░░ problem even amidst all ░░░░░░░░ good news about jobs.”