The plight of college-educated men shows where the job market is going
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The plight of college-educated men shows where the job market is going
Men with bachelor's degrees have seen cumulative wage growth stall since 1991, while women with similar education have experienced rising earnings. Male-dominated sectors such as tech and professional and business services show wage stagnation, whereas female-dominated fields like education and healthcare have grown. Labor force participation among young men has stagnated, and the unemployment gap between young degree-holding men and similar women has widened. Job growth slowdown and automation, including AI replacing entry-level roles, contribute to changing demand. The shifting occupational mix toward traditionally female professions may require male workers, especially Gen Z men, to adapt career choices.
"For men, a bachelor's degree isn't worth what it once was. The labor market is in flux, as job growth slows and AI eats up entry-level jobs. But, under the hood, the differences in how earnings are evolving by gender are stark, and men might offer a warning signal for how the economy is changing. Business Insider analyzed the Census Bureau's historical earnings figures by educational attainment and gender."
"Male-dominated fields like tech are at a standstill, while female-dominated fields are growing. That trend might show how the labor market is changing, and how male workers need to adapt. For men, a bachelor's degree isn't worth what it once was. The labor market is in flux, as job growth slows and AI eats up entry-level jobs. But, under the hood, the differences in how earnings are evolving by gender are stark, and men might offer a warning signal for how the economy is changing."
Read at Business Insider
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