Tags: social impact

Employment and Social Impact

by Scott Email

Today’s announcement of unemployment rates for March has reminded me of an issue I wrote about a few years ago concerning work ethic and income. Today, the Associated Press reported:

Unemployment zoomed to 8.5 percent last month, the highest in a quarter-century, as employers axed 663,000 more workers and pushed the nation’s jobless ranks past 13 million. The hard times were only expected to get harder — a painful 10 percent jobless rate before long.

The current rate would be even higher — 15.6 percent — if it included laid-off workers who have given up looking for new jobs or have had to settle for part-time work because they can’t do any better. That’s the highest on record for that number in figures that go back to 1994.

In my paper, which was a rudimentary exercise in academic social research, I criticized an earlier article by Barry Bluestone in which he cites 10 primary reasons for income stratification. My primary criticism was that Bluestone ignored an important factor– work ethic. You can download a copy of my paper, “The Impact of Work Ethic on Income,” here.

Today’s unemployment report reminded me of this paper, because it raises yet another important factor– the economy at large. It would be interesting to research how an economic recession affects income stratification.