I wrote earlier about what the jobs numbers mean for the 2012 election (hint: they are not good for the current administration). But at some level, who cares? This is the aspect that concerns Washington most, but it is surely the least important consideration: neither Barack Obama, nor his staff, are going to have any trouble finding new employment in the event that they are terminated come January 2013.
But for people who are not in the White House, the implications really are devastating. Unemployment is one of the most devastating things that can happen to you in American society. Long-term unemployment is expecially bad--and that's what we're suffering from. It has been at unprecedented highs in this recession. You can see the job market story in three graphs from the BLS JOLTS survey, which measures turnover.
The above graph shows separations, hires, and the unemployment rate. What it shows is that separations didn't rise during the recession--except for a brief uptick during the financial crisis, they actually fell. That seems to be because people stopped quitting their jobs, which by late 2009, is offsetting layoffs:
But as of April, the latest JOLTS data that's available, hiring had only recovered slightly. (And of course, in the last two months, it basically fell back to zero net new jobs.) That means that we're left with a giant overhang of unemployed people.
That's why long-term unemployment has become such a problem. Our unemployment problem is not, as in previous recessions, that too many people are entering unemployment. Layoffs and discharges are actually lower than they've been in a decade. Rather, our problem is that people aren't exiting unemployment. And that's a much bigger issue.
Human capital is like almost any other form of capital: it is a depreciating asset. The longer you stay out of the workforce, the less valuable you are to potential employers. You lose market intelligence and industry connections. Your technical knowledge and skills atrophy. And as my colleague Don Peck wrote in a devastating piece last year, the psychological effects of long-term unemployment change you permanently. Many of the people who have now been unemployed for years may never work again, or not at anything like the income that they had been expecting.
I was unemployed for basically two years between the time I graduated from business school in 2001, and the time I accepted a job with The Economist in 2003. I was much luckier than most people in that situation, both because my parents let me stay in their spare bedroom, and because I was working during much of that time--freelancing, flirting with a start up, doing some tech consulting, and of course, working in a trailer at Ground Zero. But none of these were permanent, and at the time, it wasn't clear that any of them were going to turn into something. I felt the isolation and the desperate fear of everyone who doesn't have a "real job", the people who don't know how they're going to earn enough over the next forty years to keep body and soul together. I experienced real despair for the first time in my life. And it changed me, permanently.
The least important change was the one that is best measured: people who have a bout of unemployment at the beginning of their careers still earn less than their peers ten years later. What really matters is how it changed my outlook on the world. I became afraid then in a way that has never really left me. I obsess about economic security. I catastrophize small setbacks. Before 2001, I was fairly blithely indifferent to the prospect of misfortune; now I spend an awful lot of time cataloguing everything that could possibly go wrong. My grandfather used to hide pretty substantial sums of money around the house, the legacy of the Great Depression's bank failures, which I thought was very funny. Now it sounds sort of sensible.
There was also the crushing sense of isolation, and failure. I avoided friends who found my unemployment an awkward topic of non-conversation. I couldn't do much of anything else, because I didn't have any money. And dating was . . . awkward. I remember being on a date with someone who took me to see Avenue Q. It was a great show--but hard to enjoy as I writhed at its similarity to my own life, and at what the guy next to me must be thinking. (We ended up dating for years, and when I finally told that story, much later, he was incredulous. "Are you nuts?" Yes, yes I was.)
When I was finally offered a job by The Economist, I was taken aback; I had stopped believing anything good would happen, ever. Then I blurted "I'll take it" before I even asked how much it would pay. As soon as I got off the phone with my new boss, I called my boyfriend (Avenue Q guy, now a year in), said "I got a job", and then, to my surprise and horror, burst into tears. It is the only time in my life, except for my wedding, that I have cried from joy.
And that's what happens to the long-term unemployed who were young and flexible when it happened, who find awesome careers that are way better than the career track they got knocked off of, who had terrific familial support, and enough temporary or part-time work to have no immediate fears about where their next meal was coming from. Now think about what is happening to millions of people out there who don't have that: whose savings and social networks are exhausted (or were never very big to begin with), who are in their fifties and not young enough to retire, but very hard to place with an employer who will pay them as much as they were worth to their old firm. Think of the people who can't support their children, or themselves. Think of their despair.
That is what these numbers mean: millions of people, staring into the abyss of an empty future. We don't know how to re-employ them. The last time this happened, in the Great Depression, World War II eventually came along and soaked up everyone in the labor force who could breathe and carry a toolbag. I hope to God we're not going to do that again, so what are we going to do with all these people?
I generally enjoy milk chocolate, for basic reasons of flavor and texture. For roughly the same reasons, I generally do not enjoy dark chocolate. *
Those are just my boring preferences, but preferences, really, won’t do: This is an age in which even the simplest element of taste will become a matter of partisanship and identity and social-Darwinian hierarchy; in which all things must be argued and then ranked; in which even the word “basic” has come to suggest searing moral judgment. So IPAs are not just extra-hoppy beers, but also declarations of masculinity and “palatal machismo.” The colors you see in the dress are not the result of light playing upon the human eye, but rather of deep epistemological divides among the world’s many eye-owners. Cake versus pie, boxers versus briefs, Democrat versus Republican, pea guac versus actual guac, are hot dogs sandwiches … It is the best of times, it is the RAGING DUMPSTER FIRE of times.
Even as the Republican launches a purported African American outreach campaign 12 days before the election, his aides say their goal is to depress turnout in the bloc.
It would be unfair to call Donald Trump’s interaction with black voters a love-hate relationship, since there’s little evidence of African American enthusiasm for Trump. But the Republican campaign has pursued a Janus-like strategy on black voters—ostensibly courting them in public while privately seeking to depress turnout.
This tension is on display in the last 24 hours. On Wednesday, Trump delivered a speech in Charlotte, North Carolina, advertised as an “urban renewal agenda for America’s inner cities.” Trump told the audience, “It is my highest and greatest hope that the Republican Party can be the home in the future and forevermore for African Americans and the African American vote because I will produce, and I will get others to produce, and we know for a fact it doesn’t work with the Democrats and it certainly doesn’t work with Hillary.”
Services like Tinder and Hinge are no longer shiny new toys, and some users are starting to find them more frustrating than fun.
“Apocalypse” seems like a bit much. I thought that last fall when Vanity Fair titled Nancy Jo Sales’s article on dating apps “Tinder and the Dawn of the ‘Dating Apocalypse’” and I thought it again this month when Hinge, another dating app, advertised its relaunch with a site called “thedatingapocalypse.com,” borrowing the phrase from Sales’s article, which apparently caused the company shame and was partially responsible for their effort to become, as they put it, a “relationship app.”
Despite the difficulties of modern dating, if there is an imminent apocalypse, I believe it will be spurred by something else. I don’t believe technology has distracted us from real human connection. I don’t believe hookup culture has infected our brains and turned us into soulless sex-hungry swipe monsters. And yet. It doesn’t do to pretend that dating in the app era hasn’t changed.
Political, social, and demographic forces in the battleground of North Carolina promise a reckoning with its Jim Crow past.
In 1901, America was ascendant. Its victory over Spain, the reunification of North and South, and the closing of the frontier announced the American century. Americans awaited the inauguration of the 57th Congress, the first elected in the 20th century. All the incoming members of Congress, like those they replaced, were white men, save one.
Representative George Henry White did not climb the steps of Capitol Hill on the morning of January 29 to share in triumph. The last black congressman elected before the era of Jim Crow, White, a Republican, took the House floor in defeat. He had lost his North Carolina home district after a state constitutional amendment disenfranchised black voters—most of his constituents. That law marked the end of black political power in North Carolina for nearly a century.
Hillary Clinton and Donald Trump prepare for the final sprint to Election Day.
It’s Thursday, October 27—the election is now less than two weeks away. Hillary Clinton holds a lead against Donald Trump, according to RealClearPolitics’ polling average. We’ll bring you the latest updates from the trail as events unfold. Also see our continuing coverage:
A dustup between Megyn Kelly and Newt Gingrich shows why Donald Trump and the Republican Party are struggling to retain the support of women.
The 2016 presidential campaign kicked off in earnest with a clash between Megyn Kelly and Donald Trump over gender and conservatism at the first GOP debate, and now there’s another Kelly moment to bookend the race.
Newt Gingrich, a top Trump surrogate, was on Kelly’s Fox News show Tuesday night, jousting with her in a tense exchange stretching over nearly eight minutes. Things got off to a promising start when Gingrich declared that there were two “parallel universes”—one in which Trump is losing and one in which he is winning. (There is data, at least, to support the existence of the former universe.) After a skirmish over whether polls are accurate, Kelly suggested that Trump had been hurt by the video in which he boasts about sexually assaulting women and the nearly a dozen accusations lodged against him by women since. Gingrich was furious, embarking on a mansplaining riff in which he compared the press to Pravda and Izvestia for, in his view, overcovering the allegations.
A century ago, widely circulated images and cartoons helped drive the debate about whether women should have the right to vote.
It seems almost farcical that the 2016 presidential campaign has become a referendum on misogyny at a moment when the United States is poised to elect its first woman president.
Not that this is surprising, exactly.
There’s a long tradition of politics clashing spectacularly with perceived gender norms around election time, and the stakes often seem highest when women are about to make history.
Today’s political dialogue—which often merely consists of opposing sides shouting over one another—echoes another contentious era in American politics, when women fought for the right to vote. Then and now, a mix of political tension and new-fangled publishing technology produced an environment ripe for creating and distributing political imagery. The meme-ification of women’s roles in society—in civic life and at home—has been central to an advocacy tradition that far precedes slogans like, “Life’s a bitch, don’t elect one,” or “A woman’s place is in the White House.”
Twitter to cut 9 percent of its global workforce and kill Vine, UK economy grows more than expected, and more from across the United States and around the world.
—Twitter says it will cut 9 percent of its global workforce in an attempt to become profitable in 2017. The social-media company also announced better-than-expected third-quarter earnings. More here
—The UK economy expanded 0.5 percent in the three months since this summer’s Brexit vote, preliminary government data show. Economists expected the economy to grow at 0.3 percent.
—Belgium has appeared to break the deadlock over a stalled trade deal between the EU and Canada. Prime Minister Charles Michel said an agreement was reached with his country’s French-speaking region on the Comprehensive Economic Trade Agreement. More here
—We’re live-blogging the news stories of the day below. All updates are in Eastern Daylight Time (GMT -4).
The best treatment for obsessive-compulsive disorder forces sufferers to confront their fears. But for many patients, the treatment is far out of reach.
Some days, Molly C.’s brain insists she can’t wear her work shirt. She realizes this is irrational; a uniform is required for her job at a hardware store. Nevertheless, she’s addled by an eerie feeling—like, “If you wear this shirt, something bad will happen today.” Usually she can cope, but a few times she couldn’t override it, and she called in sick.
She can’t resist picking up litter whenever she spots it; the other day she cleaned up the entire parking lot of her apartment complex. Each night, she must place her phone in an exact spot on the nightstand in order to fall asleep. What’s more, she’s besieged by troubling thoughts she can’t stop dwelling on. (She asked us not to use her last name in order to protect her privacy.)
Electroconvulsive therapy is far more beneficial—and banal—than its torturous reputation suggests.
For a boy who needs routine, this day is off to a bad start. It’s early, just before 8 a.m., and unseasonably warm for June. Kyle, 17, has been up since 6:20 a.m., which isn’t all that unusual. But already, enough has happened to throw him off balance. His mother has driven him to Johns Hopkins University, in Baltimore, as she does every week. But today she is wearing makeup and fancy clothes rather than her usual exercise gear. When they get to the hospital, the hallway is not empty as it usually is, and his mother walks away from him to talk to someone else.