No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, October 26, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Mike Rowe warns of a ‘will gap’ as millions of men abandon workforce — here’s why

by TheAdviserMagazine
7 months ago
in Business
Reading Time: 3 mins read
A A
Mike Rowe warns of a ‘will gap’ as millions of men abandon workforce — here’s why
Share on FacebookShare on TwitterShare on LInkedIn


Concerns about a lack of job-ready skills have dominated workforce debates, but Mike Rowe, CEO of the mikeroweWORKS Foundation, is pointing to another crisis: a diminishing desire to work.

“The skills gap is real, but the will gap is also real,” said the 63-year-old former TV host in a recent interview with Fox Business.

According to him, 6.8 million “able-bodied men” are not just unemployed but not even seeking employment. “That’s never happened in peacetime,” he argued.

Here’s why he believes America’s famous work ethic is gradually eroding.

Data from the Bureau of Labor Statistics (BLS) shows that women’s participation in the workforce has remained relatively stable since the early-1990s. However, men’s participation has steadily declined, dropping from 86.6% in 1948 to 68% in 2024.

According to the Bipartisan Policy Center (BPC), the participation rate for men in their prime working years (ages of 25 to 54) has fallen from 98% in September 1954 to 89% in January 2024.

Notably, 28% of these men said they were not working by choice, validating Rowe’s claim that the desire for employment has diminished. However, the survey also found that 57% of prime-age men cite mental or physical health issues as barriers to working or job-seeking, suggesting that many are not as “able-bodied” as Rowe assumes.

Additionally, 47% of these men cite a lack of training and education, obsolete skills, or a lacklustre work history as major obstacles to employment. Fortunately, Rowe has a solution for this specific group.

Read more: Are you rich enough to join the top 1%? Here’s the net worth you need to rank among America’s wealthiest — plus 2 ways to build that first-class portfolio

Expanding opportunities for skills training could help bring some men back into the labor force.

Through his foundation, Rowe has given away $8.5 million in scholarships since 2008, supporting more than 1,800 men and women enrolled in skilled trades programs across the country.

“My goal with mikeroweWORKS is not to help the maximum number of people,” he told Fox Business. “It is to help a number of people who comport with our view of the world and are willing to go to where the work is. Who are willing to demonstrate something that looks a lot like work ethic here in 2025.”

Story Continues

Similarly, the BPC calls for expanding Pell Grant eligibility so that more people can access financial aid. As of 2024, roughly 34% of undergraduate students receive a Pell Grant, according to the Education Data Initiative.

Expanding workplace support programs could be key to reentering the workforce for men struggling with mental and physical health challenges. More than half of prime-age unemployed men surveyed by BPC said health insurance is a major factor in deciding whether to return to work.

Other critical benefits include paid sick leave, disability accommodations, flexible schedules and medical leave. Additionally, 40% of respondents said mental health benefits are very important, and 28% said they might have stayed at their previous job if they had access to paid medical leave.

While these solutions may be complex and expensive, improving male workforce participation could yield significant economic benefits, including lower inflation and higher growth, according to a 2023 study by the Center for American Progress.

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.



Source link

Tags: abandongapHeresmenMikemillionsRoweWarnsWorkforce
ShareTweetShare
Previous Post

Euro zone inflation, March 2025

Next Post

Revenue Recognition: A Guide to ASC 606 Compliance

Related Posts

edit post
BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

by TheAdviserMagazine
October 26, 2025
0

Goldman Sachs has turned bullish on India’s defence manufacturing sector, naming PTC Industries, Bharat Electronics, and Solar Industries among its...

edit post
‘The Bermuda Triangle of Talent’: 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out

‘The Bermuda Triangle of Talent’: 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out

by TheAdviserMagazine
October 26, 2025
0

The vice-chancellor stood at the podium in Oxford’s Sheldonian Theatre, her voice echoing against the carved ceiling: Now go out...

edit post
Best CD rates today, October 26, 2025 (lock in up to 4.1% APY)

Best CD rates today, October 26, 2025 (lock in up to 4.1% APY)

by TheAdviserMagazine
October 26, 2025
0

Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD)...

edit post
Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

by TheAdviserMagazine
October 26, 2025
0

Base metal prices have witnessed a remarkable rally over the past few weeks, with copper, aluminium, and zinc leading the...

edit post
American Airlines to resume Israel – US flights

American Airlines to resume Israel – US flights

by TheAdviserMagazine
October 26, 2025
0

For the first time since the start of the war on October 7, 2023 American Airlines has announced that...

edit post
Real-world ‘Avatar’ in Kenya: Sacred hill turns into a rare-earth battleground for US and China

Real-world ‘Avatar’ in Kenya: Sacred hill turns into a rare-earth battleground for US and China

by TheAdviserMagazine
October 25, 2025
0

Division and suspicion have gripped five villages near Kenya's coast as global powers from the United States to China eye...

Next Post
edit post
Revenue Recognition: A Guide to ASC 606 Compliance

Revenue Recognition: A Guide to ASC 606 Compliance

edit post
Geopolitical Change: Investors Should Focus on the Long Term

Geopolitical Change: Investors Should Focus on the Long Term

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
20 Cities Where the Most Homeowners Are Behind on Their Mortgages

20 Cities Where the Most Homeowners Are Behind on Their Mortgages

0
edit post
Best CD rates today, October 26, 2025 (lock in up to 4.1% APY)

Best CD rates today, October 26, 2025 (lock in up to 4.1% APY)

0
edit post
High Dividend 50: Capital Southwest Corporation

High Dividend 50: Capital Southwest Corporation

0
edit post
Links 10/26/2025 | naked capitalism

Links 10/26/2025 | naked capitalism

0
edit post
XRP Open Interest Returns To May 2025 Low — New All-Time High Soon?

XRP Open Interest Returns To May 2025 Low — New All-Time High Soon?

0
edit post
When Does a Claim Fall Under Strict Liability?

When Does a Claim Fall Under Strict Liability?

0
edit post
Links 10/26/2025 | naked capitalism

Links 10/26/2025 | naked capitalism

October 26, 2025
edit post
BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

October 26, 2025
edit post
‘The Bermuda Triangle of Talent’: 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out

‘The Bermuda Triangle of Talent’: 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out

October 26, 2025
edit post
Best CD rates today, October 26, 2025 (lock in up to 4.1% APY)

Best CD rates today, October 26, 2025 (lock in up to 4.1% APY)

October 26, 2025
edit post
XRP Open Interest Returns To May 2025 Low — New All-Time High Soon?

XRP Open Interest Returns To May 2025 Low — New All-Time High Soon?

October 26, 2025
edit post
When Does a Claim Fall Under Strict Liability?

When Does a Claim Fall Under Strict Liability?

October 26, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Links 10/26/2025 | naked capitalism
  • BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push
  • ‘The Bermuda Triangle of Talent’: 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.