Welcome friends to another edition of Economic Update, a weekly program devoted to the economic

dimensions of our lives and those of our children.

I'm your host Richard Wolf.

I want to begin as always these days by alerting you to the fact that we have a volunteer,

Charlie Fabian, who's more than willing to accept your suggestions, your references, for program topics

and developments we could incorporate in what we do here.

If you have anything like that, please send it to Charlie at the following email address. Charlie. info 438.gmail.com. Once again, Charlie, C-H-A-R-L-I-E, Charlie dot info 438 at gmail.com.

Today's program is in its first half going to look at remarkable

under employment of recent college graduates and what it means. We're going to

look at the failure of the sanctions against Russia,

past, present, and likely future. We're going to look at a collapsed birth rate in Western

capitalism, particularly in England and the United States, and finally

the economics of the Huti attack on shipping in the Red Sea because it's going to affect everyone.

So let's get right to it.

In the second half of today's program,

we will interview Dr. Harriet Fraud,

who has a lot to teach us about how the crisis of American society today

emerges out of what has happened, particularly to white male workers here in the United States.

Okay, let's start then with this new report covered in the Inside Higher Education news,

that shows that 52%, that's more than half

of recent college graduates,

found jobs for which only a high school diploma was an adequate preparation.

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