1. Boom Times a Bust: Declining Employment among Less-Educated Young Men.
- Author
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Center for Law and Social Policy, Washington, DC., Richer, Elise, Frank, Abbey, Greenberg, Mark, Savner, Steve, and Turetsky, Vicki
- Abstract
During the 1990s, employment rates rose significantly for less-educated women but not less-educated men. This paper examines the situation of men age 18-24 who either lack a high school diploma or have no education beyond high school and are not institutionalized. It uses Current Population Survey employment figures to compare employment and earnings at the peaks of three business cycles: 1979, 1989, and 1999. It also examines employment-to-population ratios. It notes the average hourly wages of less-educated young men in these peak years and examines the population by ethnic group (non-Hispanic white, non-Hispanic black, and Hispanic). Less-educated young men fail to achieve outcomes attained in the past, with trends worsening. Even at the peak of the three business cycles, about one-fifth of all less-educated young men were unemployed, and by 1999, 22 percent were unemployed. Wages for less-educated young men declined between 1979-89, then remained flat. African American men fared significantly worse than the other groups. Various environmental and societal factors contribute to this phenomenon, including shifts in job availability for low-educated people, changes in overall occupational structure, movement of jobs out of inner cities, and high incarceration rates. Public policy responses and alternatives are presented. (SM)
- Published
- 2003