by Ryan McMaken
Mises.org
The Congressional Budget Office (CBO) today released a new report concluding that in 2014, 16 percent of men between ages 18 and 24 were jobless or incarcerated. Out of a total of 38 million young men in the age group, 5 million were unemployed and one million were jailed.
In 1980, 10 percent of men in this category were jobless and 1 percent were incarcerated; those shares rose to 13 percent and 3 percent, respectively, in 2014.
Causes of Male Joblessness and Incarceration
The report lists several factors behind the increase: