Men are dropping out of the labor force because upset about their social status
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Re: Men are dropping out of the labor force because upset about their social status
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#3[flagged]
This is so, so much to extrapolate from simply missing a college degree.
Re: Men are dropping out of the labor force because upset about their social status
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#5Abstract of the actual paper: (https://www.bostonfed.org/publications/research-department-w...)
Data indicate that more frequent labor force exit among men without a four-year college degree has been driving the decline in the US prime-age (25 to 54) men’s labor force participation rate over the last 40 years. At the same time, non-college men’s earnings measured as a share of the average earnings of all prime-age workers have fallen by more than 30 percent since 1980. In light of these parallel trends, this paper investigates whether prime-age noncollege men are more inclined to leave the labor force when their expected earnings fall relative to the earnings of other workers in their labor market. The empirical model takes into account that a job not only provides economic security but also affirms a worker’s social status, which is tied to their position relative to their age-range peers. The sample consists of state-occupation-level panel data on labor force exit rates, occupation earnings, and job loss risk matched with information on the state-level earnings distribution and a set of state socioeconomic controls over the period 1980 through 2019.
Re: Men are dropping out of the labor force because upset about their social status
#6There are so many hurdles, especially for 'average' people without exceptional, sought skills or talents or infinite patience, that they just say 'fuck it' and either move in with parents or other family, move in with friends, go on disability, or drop out of society in other ways.
Companies keep saying there is a labor shortage, or that they need work, or that people do not want to work, yet at the same time make it so hard to actually get hired. so much pre-employment screening.
Re: Men are dropping out of the labor force because upset about their social status
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#9[flagged]