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Opioid Use Explains 20% of Drop in American Men From Labor Force
Opioid use by American men may account for one-fifth of the decline in their participation in the U.S. labor force, according to a study by Princeton University economist Alan Krueger.
“The opioid crisis and depressed labor-force participation are now intertwined in many parts of the U.S.,” Krueger, who was chief economist at the Treasury Department in the Obama administration, wrote in the study released Thursday at a Brookings Institution conference in Washington.
Krueger’s study linked county prescription rates to labor force data from the past 15 years, concluding that regional differences in prescription rates were due to variations in medical practices, not health conditions. In previous research, he found that nearly half of men in their prime worker ages not in the labor force take prescription painkillers daily.
Multiplying 0.55 by the coefficient on the interaction between opioids and the second period (.011), suggests that the increase in opioid prescriptions could account for perhaps a 0.6 percentage point decline in male labor force participation, which is 20 percent of the observed decline in this period.
originally posted by: Bluntone22
a reply to: toysforadults
Not disagreeing with you but I have a question.
How do people with low wages pay for what I assume is a fairly expensive drug?