Archive for November 1st, 2017

After decades of steady improvement, the labor force participation rate of American women peaked in 2000 and has declined since. As of September 2017, 2554 year old womens labor force participation rate was 75.2 percent (compared to 88.6 percent for men), below its 2000 peak of 77.3 percent.
This changing trend is a central economic concern. Since 1970, most of the increase in the typical households income has been due to womens increasing labor market participation. By one calculation, GDP in 2013 was $2 trillion or roughly 14 percent higher because of the increase in…

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