A surprising group is disappearing from the job market

3 days ago 3

Rommie Analytics

The U.S. unemployment rate remains historically low, but a growing number of labor researchers are focused on a different warning sign: young men are becoming less likely to work or actively look for jobs. The unemployment rate fell to 4.1% in July, while the civilian labor force declined by 264,000 people and the labor force participation rate slipped to 61.4%, according to the Bureau of Labor Statistics. The decline is especially pronounced among young men. A May analysis by the American Institute for Boys and Men found that labor force participation among men ages 16 to 24 fell from 69%...
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