https://www.youtube.com/watch?v=-GfTq09ijcM&feature=youtu.be - Low unemployment. Record-high stock markets. New jobs created month after month. And yet... record numbers of people out of work. When the Bureau of Labor Statistics jobs report comes out on Friday, take any good news with a grain of salt.

Nicholas Eberstadt, AEI's Henry Wendt Chair in Political Economy, explains that the unemployment rate is not the whole story as he examines the plight of American men without work.