"The analysis highlights both the issues plaguing the male workforce and where men are making strides; it also illustrates where policymakers and worker organizations can step in. Fewer men in the workforce could lead to understaffed industries and weigh on the coffers of Social Security - and the men who aren't working might be at risk of worsening mental health and declining happiness. Funneling younger men toward secondary education and vocational school might help; so can opening up opportunities for workers with disabilities."
"A new analysis of publicly available data shows that unemployment is rising among younger men, and their labor force participation is stagnating.The good news is that there are some fixes. "Over the last year, things have gotten worse for young men," Sara Estep, an economist at the Center for American Progress and one of the report's authors, told Business Insider. While young men's unemployment levels are below historical levels, "things are definitely moving in the wrong direction.""
Unemployment is rising among younger men and labor-force participation has stagnated. Prime-working-age men (25–54) also show weak employment engagement. Fewer young men work full-time or achieve financial independence and younger men are more likely to live with a parent than female peers. Workforce declines among men could produce understaffed industries and lower Social Security revenues. Men who are not working face higher risks of worsening mental health and lower happiness. Increasing vocational and secondary-education pathways for young men and expanding opportunities and better pay for workers with disabilities could raise male employment.
Read at Business Insider
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