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Binder and Bound examine the decline of non-college-educated men in the labor market

March 13, 2019

Economists have been working to understand the roots of the decline, and have come up with a cadre of theories: Perhaps it’s a case of insufficient wages for jobs that don’t require a degree; or maybe rising incarceration rates are the real culprit (people with criminal records have a harder time getting jobs); or it could be that more jobs that did not require a degree in the past do now.A recent working paper from the National Bureau of Economic Research suggests that maybe it’s all of the above and then some—a complex combination of low wages for non-college-degreed jobs; incarceration rates, which are higher among men without degrees; and a sharp decline in marriage rates among less educated men, which may remove an economic incentive to work—all wrapped up into a slowly rolling ball that’s knocking more and more men out of the workforce. Sure, these issues are affecting college-educated men as well, but each of them is felt more acutely by those without degrees.

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