Who's working? Who isn't. And why

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Millennial women (age 25 to 34) are getting jobs and looking for work at their highest levels in almost two decades. Here’s some facts to consider.

  • Young women have accounted for 86% of the growth in the workforce of women 25 to 54 since December 2015.

  • They also contributed 46% of the growth in the prime-age labor pool overall.

It's all the more striking because the same can't be said for young men, whose labor market participation rate hasn't yet eclipsed pre-recession levels (though it's still higher than females'). The current divide in participation levels between young men and women is now at its narrowest...ever. The question is why.

  • Cultural trends: Younger women are delaying getting married and having kids, plus they're now more likely than young men to have a college degree.

  • Economic trends: The industries adding the most workers (e.g. health services) feature many women-dominated roles. And the recent bump in wages could be allowing working mothers to better afford childcare.

  • The lost generation of men: 25- to 34-year-old men are lagging in the workforce more than any other age and gender demographic. They are missing out on a hot labor market and crucial years on the job, ones traditionally filled with the promotions and raises that build the foundation for a career.

    Whatever your reason, if you are a young man challenged by finding meaningful work, we can help. Please call us today at 630-402-0429 to talk. Let’s start there.