The workforce is missing 5M men

Nearly 5 million working-age men are “missing” from the workforce, reports Bloomberg. While the employment rate for men ages 25 to 54 is almost back to where it was before the pandemic — about 86% of this cohort have jobs — it’s still some 7 percentage points below where it was in 1950s and ’60s. Experts say those men are “missing” from the labor force for several reasons, ranging from reduced job opportunities for the less educated to the effect of the opioid epidemic and the improvement of video games.

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