Note to Self from Boston Harborside: Alan Krueger and Gabriel Chodorow-Reich both assure me that, to them, it does not look like the decline in prime-age male employment was materially accelerated by what I now call the Longer Depression. I don’t see it here:

Employment Rate Aged 25 54 Males for the United StatesĀ© FRED St Louis Fed

Are the changes in the age distribution within the category of 25-54 year olds over the past 40 years large enough to make this chart misleading? I cannot see it. I know that one disputes labor numbers with Alan Krueger (or Gabriel Chodorow-Reich) at one’s peril. But it looks to me like we were losing 1.25%/decade as far as prime-age male employment was concerned. And that in the past decade we have lost 3.25%–25 years’ worth of the trend in 10…