Re:Income mobility has been rising fastest in Britain
by downrightmike on Friday July 06, 2018 @01:15PM
(#17473177)
The jobs that are available now for 16-21 are subsistence jobs. It makes more economic sense that they spend the time in school and get out of the sub livable wage jobs.
back then people used to be in full time work from 16-21. Education has assumed the role work once had. Most people I know are in Education untill mid to late 20s. 1/15 into their 30ies on and off. further to that 100 years ago home ownership was in the 15% area. Standards of living where "worse" by modern metrics (of course that's not true per se IMHO).