The Great Recession Is Still Going Strong for Young Men


Matt Yglesias takes a look today at the trajectory of employment since the Great Recession started. He finds that among older workers, men have done slightly better than women. Among the middle aged, men and women have done about the same. But among the young, men have done far worse than women. Male employment is still about 5 percent under its 2007 peak, while female employment is about 2 percent higher:

All told, it’s very much an End of Men scenario—with the particularly striking fact being that you see the end of men more strongly in the younger cohorts. The population of people over the age of 55 is both large and growing, so the experience of older people carries a lot of weight in national aggregates. But the younger you look the more you see men’s disemployment as a theme. For younger workers we really are slouching toward gender equity—we’re just doing it more by men becoming worse off than by women becoming better off.

This is yet another lesson in disaggregation. If you take a look at broad numbers, you can often miss the most important trends. The fact that young men have been so hard hit by the Great Recession is something you might miss if you just looked at broad aggregates. But it’s important, because we know that a person’s lifetime employment prospects are heavily influenced by the first few years in the job market. What’s happening to young men today is something that’s likely to ripple forward for decades.1

1Until the robots put us all out of work on a gender-equal basis, that is.

TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

payment methods

TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate