Opioid Use May Explain 20% of Drop in American Men’s Labor-Force Participation
- Study by Princeton’s Krueger says crisis intertwined in U.S.
- Addressing the issue needs to be a ‘national priority’
Why the Fed Cares About the Opioid Epidemic
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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.