The widening gap between high and low-earners in the U.S. is fueling an exodus of prime working-aged men from the labor force, according to the Federal Reserve Bank of Boston. One in nine men aged 25 to 54 have left the workforce, compared with 1 in 50 in the mid-50s. The new findings suggest that American men — who tend to measure their status based on their earnings compared to male peers — are exiting as their relative wages fall. The trend has been most pronounced among young, white non-college educated
Theories on why more men are missing from the workforce range from a decline in manufacturing to the fact that many more now live with their parents for longer than in the past
Theories on why more men are missing from the workforce range from a decline in manufacturing to the fact that many more now live with their parents for longer than in the past
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