Wednesday, March 13, 2013

Male Dropouts

Men are significantly more likely to dropout of school than females, and one reason makes sense....at least in the short run.

The sort of jobs in which low-education males congregate, namely construction and manufacturing, are more likely to pay higher wages than the sort of jobs in which low-education females congregate, namely service industries. This gives females an added incentive to endure a bit more education and training than their male counterparts.

But note, the wage gap between men with and without bachelor’s degrees starts small but grows over time as better-educated men enjoy more opportunities for career advancement. And as the recession showed, those well-paying jobs in construction and manufacturing can disappear quickly and be slow to return.