Work and the Welfare State

eral Reserve Board was referring to. A closer examination of the statistics would reveal, I believe, that the problem is not as grave as he might have indicated. If I remember correctly, he mentioned something like 5 million absentees or a rate of about 5 percent. There may have been some increase in absenteeism, but I think Chairman Burns should have taken into consideration the changes that have occurred in our society and the labor market. Almost one-half of all American families now have two earn-