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Just 71% of young males in 2021 held a full-time job — that's a big drop from 85% in 1980. Why millions of men are dropping out of the workforce at an alarming rate
Moneywise ^ | July 24, 2023 | Vishesh Raisinghani

Posted on 07/26/2023 8:11:26 PM PDT by anthropocene_x

Millions of men are abandoning the workforce at an alarming rate, according to analysis of Census Bureau data by the Pew Research Center.

The data reveals that 71% of young men (aged 25 years old at the time of the study) held full-time jobs, down from 85% in 1980.

A survey conducted by the Minneapolis Federal Reserve Bank found that 25% of young Americans were out of work, many of whom had been laid off during the pandemic and have since struggled to find the right job.

Real earnings for men without college degrees has dropped 30% since the 1980s. The relative decline in earnings also had an impact on the social status of these jobs, which impacts men in the marriage market. Younger men are more likely to see their social status and marriage prospects diminish if their peers are outearning them.

By some measures, prime-aged men have worse mental and physical health now than 30 years ago.

(Excerpt) Read more at moneywise.com ...


TOPICS: Business/Economy
KEYWORDS: biden; economy; globalization; jobs
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To: anthropocene_x

This is part of a long term trend.
The worst decline was in 2009-2010
It’s actually improved a bit lately.

Employment rate. 16-19

https://fred.stlouisfed.org/series/LNS12300012


21 posted on 07/26/2023 8:35:35 PM PDT by buwaya (Strategic imperatives )
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To: Doc91678

That is absolutely 100% false. The trade jobs were stolen by illegals who work for 1/10 the wages, who leach off the system, don’t pay taxes etc. These jobs were stolen, all to benefit the bush family type country club republican scum so they could save a few bucks at their fellow countrymens’ expense. Damn you neoCON globalist scum!


22 posted on 07/26/2023 8:39:32 PM PDT by imabadboy99
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To: ConservativeInPA

But consumer confidence is up!

Right.


23 posted on 07/26/2023 8:42:01 PM PDT by Sequoyah101 (Procrastination is just a form of defiance.)
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To: anthropocene_x

Also a long term trend for workers in general, even in prime working age, 25-54

https://fred.stlouisfed.org/series/LREM25MAUSM156S


24 posted on 07/26/2023 8:43:44 PM PDT by buwaya (Strategic imperatives )
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To: imabadboy99

They see their future as tik tok influencers


25 posted on 07/26/2023 8:44:08 PM PDT by thinden (buckle up ....)
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To: anthropocene_x

Illegal immigration is the real culprit here, though yes, sellout globalism has obviously been less than helpful as well.

But it is also cultural decline that is at fault here as well.


26 posted on 07/26/2023 8:45:35 PM PDT by 9YearLurker
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To: ConservativeInPA
Yeah, many ARE that darn lazy ¯\_(ツ)_/¯
27 posted on 07/26/2023 8:46:26 PM PDT by Bikkuri (I am proud to be a PureBlood.)
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To: PGR88

Maybe perks got cut? State jobs may not be so great as used to be?


28 posted on 07/26/2023 8:51:07 PM PDT by b4me
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To: anthropocene_x

Maybe driving businesses into bankruptcy with lockdowns in 2020 reduced the employment opportunities in 2021? How about mandatory ‘vaccines’? Did that harm the willingness to work?


29 posted on 07/26/2023 8:57:05 PM PDT by ransomnote (IN GOD WE TRUST)
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To: Bikkuri

I like the little emoji like thing after your comment.


30 posted on 07/26/2023 8:59:16 PM PDT by MikeSteelBe (The South will be in the right in the next war of Northern aggression.)
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To: MikeSteelBe
φ(* ̄0 ̄)

ƪ(˘⌣˘)ʃ
31 posted on 07/26/2023 9:03:56 PM PDT by Bikkuri (I am proud to be a PureBlood.)
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To: ConservativeInPA
I not sure what to call the funk we’re in at the moment.

Social media is partially to blame. It gives the false impression that every young person, especially young women, are enjoying AMAZING lives 24/7.

Every young person wants to be an influencer, or have some other glamorous, celebrity oriented "creative" career. A job that offers fame, fortune, travel, flexibility (i.e, set your own hours), and office amenities like an on-site gym, a cafeteria that's a "foodie heaven," and the chance to "hook up" with attractive young colleagues who share your politics.

When I entered the workforce in the 1980s, young people were also influenced by celebrity culture, and a desire for glamorous jobs. But we still knew those jobs were rare.

Social media has increased the false impression that such jobs are everywhere, easy to obtain, and if you can't obtain it, you're somehow being cheated or are a loser.

32 posted on 07/26/2023 9:07:11 PM PDT by Angelino97
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To: anthropocene_x
A lot of them are still in college or grad school, Joe Biden is giving them $100,000 to do it.

Many of them are wasting their time with an useless major.

A few are being supported by their wealthy parents. Others are living off welfare from the government.

33 posted on 07/26/2023 9:10:32 PM PDT by MinorityRepublican
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To: anthropocene_x

Nothing a war can’t take care of.


34 posted on 07/26/2023 9:14:25 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: anthropocene_x

Too many illegals to compete with or, if educated, too many H1B. And the military, probably these young men are not mentally ill enough to want to serve with mentally ill men.


35 posted on 07/26/2023 9:14:54 PM PDT by Reno89519 (DeSantis 2024. Successful Governor, Honorable Veteran, Respectful, Respected.)
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To: Doc91678

Lessers my butt.

The illegals undercut citizens in price. Then the illegals get free housing medical and food. In the end the illegal makes more than the American citizen does. And the American citizen has to pay for the illegals benefits.

And this does not take into account the fact that the American has to follow all the laws. Like pay taxes get licenses and insurance.

But hey whatever floats your boat. When I was young the Boomers complained how lazy the new generation was. Same thing happens every time a new generation hits the work force. What most call lazy is just a lack of training on how to be productive and the reasons for it. That is what happens when you first start working is you learn this.


36 posted on 07/26/2023 9:21:40 PM PDT by jimpick
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To: anthropocene_x

Indolence is all the rage.


37 posted on 07/26/2023 9:22:23 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: ConservativeInPA

You get a job, go to work and get cancelled by the first Karen you make a joke near. You say something nice about a pretty girl’s appearance and then have to go through sensitivity training. You work your ass off and get good only to be passed over for promotion because a woman or minority has been more oppressed. You try to get a job but there are a whole bunch of H1B visa workers that don’t want to hire you unless you are in their caste which you are not. Mom and Dad haven’t told you to move out even though they paid for your bachelors degree but they feel guilty because they didn’t make you learn something useful instead of art criticism. Call of Duty is quite engaging and as long as you have internet there is always someone to play with.


38 posted on 07/26/2023 9:26:44 PM PDT by webheart
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To: anthropocene_x

I was a pre-teen in 1980. I already had a job. Paper-boy. It wasn’t full time, but add that to my class schedule and the fact that summers sucked because I had to quit what I was doing and deliver the afternoon paper, it seemed like full time. Been employed at something or other since I was 10.


39 posted on 07/26/2023 9:33:31 PM PDT by IYAS9YAS (There are two kinds of people: Those who can extrapolate from incomplete data.)
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To: IYAS9YAS

When I was in high school, you were a loser if you didn’t at least have a summer job.


40 posted on 07/26/2023 9:34:48 PM PDT by dfwgator (Endut! Hoch Hech!)
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