Why Aren’t More Men Working?

In Economy, Education, LABOR -- articles only On
- Updated

With unemployment at 3.8 percent, its lowest level in many years, the labor market seems healthy.

But that number hides a perplexing anomaly: The percentage of men who are neither working nor looking for work has risen substantially over the past several decades.

The issue, in economist’s jargon, is labor force participation. When the Bureau of Labor Statistics surveys households, every adult is put into one of three categories. Those who have a job are employed. Those who are not working but are searching for a job are unemployed. Those who are neither working nor looking for work are counted as out of the labor force.

This last group is ignored when calculating the unemployment rate. The presumption is that if a person without a job isn’t looking for one, then he or she doesn’t want one, and the joblessness is not a problem. But is that really accurate?

The data show some striking changes over time. Among women, the share out of the labor force has fallen from 66 percent in 1950 to 43 percent today. That is not surprising in light of changing social norms and the greater career opportunities now open to women.

Men, however, exhibit the opposite long-term trend. In 1950, 14 percent of men were out of the labor force. Today, that figure stands at 31 percent.

Read full article

Labor Force Participation 2018 Report

Disability Applications Plunge as the Economy Strengthens

You may also read!

The Secrets of ‘Cognitive Super-Agers’

One of my greatest pleasures during the Covid-19 shutdowns

Read More...

Is Education No Longer the ‘Great Equalizer’?

There is an ongoing debate over what kind of

Read More...

Even the terrorist threat to the United States is now partisan

Hours after he announced his objection to forming a

Read More...

Mobile Sliding Menu