20 Percent Of Men In America Are Unemployed

20 Percent Of Men In America Are Unemployed
World
Like Us On Facebook
Like Us On Facebook

It makes for sobering reading. In recent months the job market looked to be on the rise, offering hope that the economy might finally be getting back on track. But data from the Bureau of Labor Statistics shows that nearly 20 per cent of America’s core workforce are out of a job.

After five years of struggles, it is a sobering reminder of how far the country still has to go.

Two in 10 or 17 per cent of men aged 25 to 54 – traditionally the backbone of the workforce – are unemployed.

Just five years ago 88 per cent of prime-age men were holding down steady jobs. Going back to the 1940s through 70s more than 90 per cent were in employment. 

More shocking still is the fact the number of 25 to 54-year-old men with a job (45.9 million) is actually lower than during the height of the recession, which ran from December 2007 to June of 2009. 

SmartMoney compared that data to the entire population and noted that, by that measure, just 75 percent of prime-age men currently have a full time job.

Many able workers who lost their job during the recession have struggled to get another job. The data shows that those who have managed to find more work are not always doing the type of thing they want.

Georgetown University professor Harry Holzer, an expert in labour market data, said: ‘This is prime-age men, which is a group that, you know, should be working at very high levels.

‘Relatively few prime age men choose to work part-time.’

Holzer said there has been some real progress for working men in recent months, but a look at long-term trends shows that we still have far to go. 


He’s particularly concerned about working-age men who do not have a higher education and have been hit hard by cuts in fields such as manufacturing and construction.

‘They were having a hard time even before the recession hit, and they really got slammed by the recession,’ he said. ‘That’s a problematic group that we need to think about more seriously.’

Elite.

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Preston Waters

Preston Waters is a thinker. He's not your traditional philosophical persona, however, as he leaves no topic untouched. Covering all the bases, from business to women, Preston Waters is the ultimate man's man for Gen-Y.

More In World

World Adam Matula

Woman Miraculously Escapes Death After Flying Axe Crashes Through Her Windshield (Photo)

Many drivers have experienced cracked windshields due to rocks or debris falling from commercial vehicles. But two Topsfield, MA, motorists were caught unaware when an axe flew from the back of a dump truck into their windshield. The driver and passenger, only identified by the Massachusetts State Police as an anonymous male and female, were understandably shaken […]

World Alexia LaFata

Artist Depicts Cartoon Characters As Hamas Militants, And It’s So Wrong (Photos)

The conflict between Israel and Palestine shows no signs of stopping — and one artist has crafted his own shocking take on the issue. Italian artist and graphic designer aleXsandro Palombo released illustrations featuring Aladdin, Jasmine and other cartoon characters depicted as members of Hamas. Palombo introduces the illustrations in a blog post and condemns the organization […]

Also On Elite

World

This German Grocery Store May Have The Answers To Making The World A Better Place

In Berlin, Germany, Original Unverpackt is a concept store that aims to help the environment. Founders Milena Glimbovsk and Sara Wolf want to sell food without selling waste, so the grocery store won’t sell its food packaged in any disposable bags, jars, boxes or other containers. Instead, customers will purchase items with their own containers or bags […]

Women

These Ads Show The Lengths Women Have To Go To Breastfeed In Public (Photos)

Lots of women are publicly shamed for breastfeeding, so a few students were inspired to create some posters supporting women for their decision to breastfeed. “When Nurture Calls” is a mock ad campaign to support breastfeeding created by Johnathan Wenske and classmate Kris Haro at the University of North Texas. Wenske and Haro felt motivated by the stories […]

Women

An Apple A Day: Women Who Eat Apples Actually Have Better Sex

An apple a day keeps the… vagina lubricated. At least that’s what this new study in the Archives of Gynecology and Obstetrics says. Researchers studied 781 Italian women, aged 18 to 43, who were not suffering from depression or taking prescription medications and had no history of any sexual disorders. Participants were separated into two groups: those […]