Men have been steadily dropping out of the workforce — especially men ages 25 to 54, who are considered to be in their prime working years.
A growing number of men in their prime working years, ages 25 to 54, are dropping out of the workforce.
About 10.5% of that group, or roughly 6.8 million men nationwide, were neither working nor looking for employment in August 2024, according to the U.S. Bureau of Labor Statistics.Men have been steadily dropping out of the workforce, especially men ages 25 to 54, who are considered to be in their prime working years.According to the U.S. Bureau of Labor Statistics, the unemployment rate for prime-age working men was 3.4% in August 2024.
"The long-term decline in labor force participation by so-called prime-age men is a tremendous worry for our society, our economy, and probably our political system," said Nicholas Eberstadt, a political economist at the American Enterprise Institute."The big impacts are on the non-college-educated groups on their ability to enter and stay in the labor market," said Jeff Strohl, a director of the Center on Education and the Workforce at Georgetown University.
A study by the Pew Research Center found that men who are not college-educated leave the workforce at higher rates than men who are. At the same time, fewer younger men have been enrolling in college over the past decade."They used to graduate with a high school education and have good stable jobs," according to Carol Graham, senior fellow of economic studies at the Brookings Institution.
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