Amid a wider slowdown in hiring, the unemployment rate for men ages 23 to 30 with bachelor’s degrees has jumped in recent months to 6% — compared with 3.5% for young women with the same level of education, according to data analyzed by NBC News.
The shift in employment prospects for men compared with women is tied partly to the changing dynamics of the labor market, in which much of the job growth has been driven by hiring in the health care and social services industry — in which nearly 80% of workers are female, according to data from the Bureau of Labor Statistics.
Young men with bachelor’s degrees are slightly likelier to be unemployed than young men with just high school diplomas, an analysis found. That’s a recent reversal after decades when young men with bachelor’s degrees had an advantage in the labor market, economists said.
Young women haven’t experienced the same trend; they are still significantly likelier to be employed if they have bachelor’s degrees.
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