There has certainly been much concern expressed about the declining economic circumstances of American men in recent decades. But American men are hardly alone in facing adversity. The Resolution Foundation, a British think tank, has published new research indicating that British men born between 1981 and 2000 will earn $12,500 pounds less in their twenties than Generation X men.
As reported by CNN Money, the earnings decline comes as more men accept lower paying employment in restaurants, bars and shops. The number of men engaged in this type of work has more than doubled since 1993 even while the number of young women working in these jobs has declined.
Millennial men are also taking on more part time jobs while the number of women in part time work has declined. While women have been taking on a greater share of higher paying British jobs, their pay has remain flat relative to the generation of women that came before them. They have yet to see the financial rewards that might have been expected given advances at school and the workplace.
