Cheerful Charlie
Contributor
Reports are coming in the young white men without college degrees are dropping out of the work force. This is a demographic that heavily votes Republican.
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The study, conducted by Pinghui Wu, a researcher at the Boston Fed, found that men without a college degree are more likely to stop working or seeking work when their expected earnings fall in comparison to other workers. For these men, jobs aren't just a source of income; they're a source of social status.
That's especially true for white men, Wu writes, and younger men, who see a job with limited pay growth — which they believe could affect their marriage prospects and social status — as worse than no job. So what are they doing instead? Wu cited research showing that prime-age men who are not in the labor force spend twice as much time on leisure activities and sleeping, compared with labor force participants.
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www.businessinsider.com
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The study, conducted by Pinghui Wu, a researcher at the Boston Fed, found that men without a college degree are more likely to stop working or seeking work when their expected earnings fall in comparison to other workers. For these men, jobs aren't just a source of income; they're a source of social status.
That's especially true for white men, Wu writes, and younger men, who see a job with limited pay growth — which they believe could affect their marriage prospects and social status — as worse than no job. So what are they doing instead? Wu cited research showing that prime-age men who are not in the labor force spend twice as much time on leisure activities and sleeping, compared with labor force participants.
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Men without college degrees are dropping out of the workforce because they viewed their dead-end jobs as a threat to social status
Men without degrees are quitting in growing numbers because limited pay growth impacts their social status and marriage prospects.
