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Fourth, there is increased use of opioid medication. Almost half of the prime-age men not in the labor force take pain medication daily to treat chronic health conditions. Two-thirds of them are on prescription meds. A study by Yale professor Alan Krueger shows how this affected the LFPR. He estimates that from 1999 to 2015, 20% of the LFPR decline for these men was caused by opioid dependency.
It seems like we are not shiny happy people.
This would seem to be the statistic to watch, less the retired.
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If you would only recognize that life is hard, things would be so much easier for you.
- Louis D. Brandeis
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