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 Sean Levinson

ISIS Militants Reportedly Seen Flying Captured Fighter Planes Over Syria

The Islamic State has been flying fighter jets seized from the Syrian army over the country’s military airport. The Huffington Post states that three military planes were reported to be seen over al-Jarrah airport, also under the militant group’s control, by Syrian Observatory for Human Rights, a Britain-based organization overseeing the conflict. If confirmed, this […]

World Sean Levinson

Governor Photoshops Smiling Black Woman On Campaign Website

The governor of Pennsylvania had a black woman Photoshopped into a campaign photo to make himself look more appealing to minorities. The re-election website of Republican Tom Corbett features a photo of him surrounded by smiling people, one of whom is a black woman, at the bottom of each page. Buzzfeed found out the photo […]

World Sean Levinson

Strippers Spiked Men’s Drinks With Cocaine And Ecstasy, Stole $200K

The New York strippers who stole $200,000 from four wealthy men last year have been offered plea deals, the jail time fairly minimal considering the amount of money involved. Last June it was reported that Samantha Barbash, Roselyn Keo, Karina Pacsucci and Marsi Rosen had been arrested for drugging the men and racking up huge […]

Also On Elite

World

Two Female Teachers Arrested For Allegedly Having Threesome With Teen Student

Two Louisiana high school teachers are facing felony charges for having a threesome with a 16-year-old student after a football game earlier this month. According to WGNO, Destrehan High English teachers Shelley S. Dufresne, 32, and Rachel Respess, 24, met with the student on September 12 and then had sex at Respess’s apartment until the […]

Humor

This Little 5-Year-Old Girl Is A Boxer Who Could Seriously Kick Your Ass (Video)

According to Darwin’s theory, it’s a dog-eat-dog world where only the strongest survive. While the scientist’s “survival of the fittest” theory was in reference to animals, in some sense, it holds true to humans as well. People learn self-defense for this reason. YouTube user “myasmom0628″ uploaded a video of her 5-year-old daughter showing off her […]

Politics

5 Reasons Why One Prominent Conservative Judge Claims Voter ID Laws Are Ridiculous

A popular political talking point from the past decade has been voter fraud and enacting voter ID laws to combat such sinister actions. The 2012 Presidential Election illuminated that the laws were less about protecting the integrity of our elections and more about manipulating the voting pool and disenfranchising voters who were likely to vote […]

Motivation

Why You Should Accept Life For All It Is — The Good And The Bad

I read an excellent tidbit from author Louise L. Hay that stated, Love comes when we least expect it, when we are not looking for it. Hunting for love never brings the right partner. It only creates longing and unhappiness. Love is never outside ourselves; love is within us. Don’t insist that love comes immediately. […]