New Year Begins with Record Number of Men Not in the Labor Force
Those not in the labor force increased by 1.9 million last year while the labor force increased by only 1.1 million.
from My Budget 360
The New Year begins with a record number of men not in the labor force. Those “not in the labor force” remains at a record level and this cannot be explained away simply by shifting demographics. Demographics alone is a convenient explanation for this large number but unfortunately only explains part of the large number of Americans not being included in the labor force. We have many going to college but as it turns out, not all colleges and degrees are created equal although most universities charge premium tuition. You also have many wanting a job but not being able to find one. The end result is a large number of Americans floating around in the odd category of not being in the labor force. Roughly 94.5 million Americans are not in the labor force. Of those, a large number are men.
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Source: http://financialsurvivalnetwork.com/2016/01/new-year-begins-with-record-number-of-men-not-in-the-labor-force/?utm_source=rss&utm_medium=rss&utm_campaign=new-year-begins-with-record-number-of-men-not-in-the-labor-force
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