According to Bloomberg News a large cohort of Millennials, particularly men between 25 and 35, have withdrawn from the employment market and are missing out on The Trump Boom.
Ten years after the Great Recession, 25- to 34-year-old men are lagging in the workforce more than any other age and gender demographic. About 500,000 more would be punching the clock today had their employment rate returned to pre-downturn levels.
Young male participation in October 2018 stood below October 2007 levels
Men — long America’s economically privileged gender — have been dogged in recent decades by high incarceration and swollen disability rates. They hemorrhaged high-paying jobs after technology and globalization hit manufacturing and mining.
The young ones have fared particularly badly. Many of them exited high school into a world short on middle-skill job opportunities, only to be broadsided by the worst downturn since the Great Depression. Employment plummeted across the board during the 2007 to 2009 recession, and 25- to 34-year-old men fell far behind their slightly-older counterparts.
Though employment rates have been climbing back from the abyss, young men never caught up again. Millennial males remain less likely to hold down a job than the generation before them, even as women their age work at higher rates.
Over a PJ Media Dr. Helen Smith, author of the book Men on Strike observes:
What a mystery, all these missing guys. Maybe if the perplexed author and others would take a look at the paragraph in the above article that states that men have long been economically privileged and keep an open mind, those missing men would make more sense. Men as a whole, and in particular those who are not college-educated, are told they won’t get ahead. The needs of men are left behind as women and girls are given top priority in educational settings.
The colleges are hostile environments and bad fits for many of these men who know that they will not flourish there. Add in the risks of marriage for these men and the fact that many women don’t want them and leisure time playing video games seems like a better alternative, particularly if you can live at home to support a good time. It’s kind of like they are on strike or something.