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Mike Rowe Alarmed at American Men Leaving the Workforce

December 7, 2022 By E.J. Smith

You know that Your Survival Guy is a fan of Dirty Jobs host, Mike Rowe. Rowe is a proponent of the kind of hard work that made America the world’s greatest economy. Rowe has recently raised the alarm over news that 7 million American men are no longer looking for work and have left the labor pool. Rowe recently discussed the problem with Brian Kilmeade. Watch the interview below:

You can see on my chart below the long-term decline in male labor force participation in America, which has dropped from a peak of 87.4% in 1949 down to 68% today. During the same period of time, female workforce participation has risen from 33.6% to 56.5%. Why are men so willing to leave the labor force while the rise in female labor force participation shows the economy is obviously creating opportunities? Rowe says the country has gone from a “skills gap” to a “will gap,” meaning that men are simply disenchanted with work and are losing spirit.

Action Line: Man or woman, Your Survival Guy’s second “way to wealth” is “Work for as long as you can.” Remaining in the labor force and putting more money in your portfolio during your peak earning years is the best way to secure your retirement. If you’ve been working hard, and need help investing your money, click here to talk with me. In the meantime, get to know me better by clicking here to sign up for my free monthly Survive & Thrive letter.

Originally posted on Your Survival Guy. 

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E.J. Smith
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@youngresearch.com

Click here to sign up for my free monthly Survive & Thrive letter.
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