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kleinbl00 · 3080 days ago · link · · parent · post: Men exiting the workforce as low-wage jobs vanish
The tidy euphemism used in finance circles is "structural unemployment." As opposed to "seasonal unemployment" or "temporary unemployment." "Temporary unemployment" is due to a downturn. "Seasonal unemployment" means the jobs will come back when the weather comes back. "Structural unemployment" means no one will ever again need to cut ice out of the Hudson to haul to the barn and cover with sawdust against the summer sun.