Prime-Age Males Not in the Labor Force: Some Patterns
Prime-Age Males Not in the Labor Force: Some Patterns Prime-Age Males Not in the Labor Force: Some Patterns Being "in the labor force," in the economics jargon, refers either to having a job or being unemployed and looking for work. Conversely, being "out of the labor force" means both not having a job and not looking for work. In the US economy, it used to be that almost all "prime-age" men in the 25-54 age group were in the labor force, but the share out of the labor force has been rising for decades. Here's the data from the Bureau of Labor Statistics.
Source: bbntimes.com