Thanks, Minimum Wage and the Drug War: Nearly 1 in 6 Young Men Are Jobless or Jailed

by Ryan McMaken

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:

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