Drug And Alcohol Abuse Slowing Labor Force Participation Rate, Fed Study Finds

True Pundit April 19, 2022

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Drug and alcohol abuse are starting to negatively effect the labor force participation rate, according to a new study by Federal Reserve Bank of Atlanta researcher Karen Kopecky, Jeremy Greenwood of the University of Pennsylvania and Nezih Guner of the Universitat Autonoma de Barcelona.

The study was reported last week by Bloomberg in this writeup.

What it found was that between 9% and 26% of the decline in prime-age labor-force participation between February 2020 and June 2021 was due to “increased substance abuse”.

Labor force participation between ages 25 and 54 has yet to full recover since March 2020’s plunge, the report says. So far, the Fed has blamed that on “issues with child care and elder care, in-person schools being closed, concerns about getting sick and extra unemployment benefits.” – READ MORE

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(FREE) PAINE IN THE MORNING: 8 things you need to know this Tuesday – April 19, 2022

There is also a full, ad-free video podcast of this broadcast available to Paine.TV members HERE. Learn more about joining our community HERE. UPDATE: TSA will not…

True Pundit April 19, 2022

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(PREMIUM) PAINE IN THE MORNING: 8 things you need to know this Tuesday – April 19, 2022

There is also an ad free audio version of this episode you can listen to HERE. UPDATE: TSA will not enforce Covid mask mandate on planes, public transit after court ruling, White House says – A federal judge in Florida on Monday vacated the Biden administration’s national Covid mask mandate for planes and other…

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True Pundit April 19, 2022

Hot Wire — Back to the Future (2008-09) (2020-21) & How to Beat The Man Thru 2035

************* Let’s do an exercise I’m a middle class American. where can I expect to be in 10 years. provide a year by year breakdown what will happen to my assets. I have 400,000 in the bank As a middle-class American with $400,000 in the bank, your position in 10 years (by 2035) will largely…

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Mike September 25, 2025

Hot Wire — They Warned You About this Crew 250+ Years Ago

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Mike August 2, 2025