WASHINGTON EXAMINER: “If ESG is here to stay, make it work to support employees and families,” by Chris Bullivant
Washington Examiner, December 30, 2022
Last month, Elon Musk gave an ultimatum to his employees at Twitter — commit to working “long hours at high intensity” or leave. It wasn’t immediately clear how many hours he was asking people to work for, but burnout in tech is well documented, and overwork in the United States may be contributing to America’s continued decline in social capital decline.
In a report out this week, the Social Capital Campaign highlights stark findings. The share of children growing up without both parents in America today is three times the global average. The share of adults with no close friends has grown from 3% in 1990 to 12% in 2021. The number of prime-age working adults (18-54 years) who are unpartnered (neither married nor cohabiting) rose from 29% in 1990 to 38% in 2019. Despite record hours volunteered and money donated, the volunteering rate has also declined — in rural areas from 30.9% in 2003 to 25.2% in 2015 and in suburban communities from 30.1% to 25.3%.
Marco Ambrosio, Chris Bullivant, Patrick Brown, Jane Oates, Peyton Roth
December, 2022
How work can better build social capital in America today.
