Young men disappearing from the job market
Researchers say young men are taking part in the labor force at far lower rates than prior generations, even as headline unemployment remains low.
The U.S. unemployment rate remains historically low, but a growing number of labor researchers are focused on a different warning sign: young men are becoming less likely to work or actively look for jobs. The unemployment rate fell to 4.1% in July, while the civilian labor force declined by 264,000 people and the labor force participation rate slipped to 61.4%, according to the Bureau of Labor Statistics.