“One of the worst U.S. social problems might also be one of its chief economic woes. I’m talking about the epidemic of opioid and opiate abuse.
While unemployment is low in the U.S., labor-force participation is also low. Lots of people who are of working age are choosing not to work.
Many reasons have been suggested for this — competition from foreign trade, automation, an overly generous welfare system, a decreased work ethic or the lingering economic damage of the Great Recession. But one simple, classic factor that is often overlooked is health. A less healthy population works less.”
Source: Bloomberg.com – March 3, 2017