Even as the U.S. economy grows at a moderate clip, stocks post record gains, and the Federal Reserve entertains the notion of drawing down its $85 billion-per-month bond-buying program, some see trouble on the horizon.
That is, one writers believes that the U.S. has reached a point in its history where men are being “systematically emasculated” by economic and social trends.
“In America today, the percentage of men in prison is at an all-time high, the percentage of men with a job is near an all-time low and the percentage of children living without a father is at an all-time high,” Michael Snyder writes for The Economic Collapse blog.
“Do we have a crisis on our hands?” he asks. “Yes, we most definitely have a crisis on our hands.”
To prove his point, Snyder compiled a list of 31 statistics that, he says, show that there is indeed an “emasculation” crisis in America. Here are his top 9:
9. According to one very surprising study, “young, urban, childless women” make more money in America today than young, urban, childless men do.
8. In 1982, 1.9 percent of all men were receiving disability benefits. Today, 3.1 percent of all men are receiving disability benefits.
7. Thanks to government policies which are killing off small businesses in America, the percentage of self-employed Americans is at an all-time low today. This has had a disproportionate impact on men.
6. Between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.
5. According to the Economic Policy Institute, the “real entry-level hourly wage for men who recently graduated from high school” has declined from $15.64 in 1979 to $11.68 today.
4. According to Time Magazine, unemployed men are significantly more likely to get divorced than employed men are.
3. During the last recession, men lost twice as many jobs as women did.
2. Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs. The chart posted below illustrates this stunning decline:
1. The labor participation rate for men has been steadily declining over the years:
“In the 1950s, nearly every man in his prime working years was in the labor force, a category that includes both those who are employed and those actively applying for jobs. The “participation rate” for men ages 25 to 54 stood at 97.7% in early 1956, but drifted downward to a post-war record low of 88.4% at the end of 2012. (It ticked up very slightly at the start of this year to 88.6%.)
So where have all the men workers gone?
Some went into prison. Others are on disability. And still others can’t find jobs and have simply given up looking.”
Click here to see Snyder’s complete list.
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(H/T: Zero Hedge). Featured image Working Title Films.