The male labor force participation rate has dropped to approximately 66.8% for men aged 20 and older, representing the lowest level since 1948 outside of pandemic distortions. Nearly one in nine prime-age men has completely exited the workforce, with women capturing nearly all net new employment. This structural shift in the economy, with traditional male-dominated sectors like manufacturing and construction contracting while female-skewed service sectors expand, raises questions about potential economic growth and consumer spending and investment patterns.
Source: Read the original article
