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Federal Reserve Bank of Boston study on men ages 25-54 not participating in workforce

They call it due to perceived social status. Weird way of saying they're sick of the BS? That last quote below is perfect though. “Wider implications to the economy than previously believed”. Hopefully this is where people finally realize they're not going to win this and they are going to pay more. https://fortune.com/2022/12/07/men-dropping-out-work-force-status-study/ “Men without four-year college degrees, between the ages of 25 and 54, have left the workforce in higher numbers than other groups. And they’re leaving in part because of their perceived social status relative to better-educated men of similar age, according to a new study from the Federal Reserve Bank of Boston. Non-college-educated men have seen their pay shrink by more than 30% since 1980 compared to the average earnings of all other prime-age workers. “If the increasing wage gap between high and low earners directly or indirectly affects men’s aggregate labor supply, wage inequality might have…


They call it due to perceived social status. Weird way of saying they're sick of the BS?

That last quote below is perfect though. “Wider implications to the economy than previously believed”.

Hopefully this is where people finally realize they're not going to win this and they are going to pay more.

https://fortune.com/2022/12/07/men-dropping-out-work-force-status-study/

“Men without four-year college degrees, between the ages of 25 and 54, have left the workforce in higher numbers than other groups. And they’re leaving in part because of their perceived social status relative to better-educated men of similar age, according to a new study from the Federal Reserve Bank of Boston.

Non-college-educated men have seen their pay shrink by more than 30% since 1980 compared to the average earnings of all other prime-age workers.

“If the increasing wage gap between high and low earners directly or indirectly affects men’s aggregate labor supply, wage inequality might have carried wider implications to the economy than previously believed,” Wu wrote.”

Edit:
Here is another link if the first one tries to get you to subscribe.

https://news.yahoo.com/men-dropping-labor-force-because-224319223.html

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