The start of this decade has experienced the largest sustained decline in the work force participation of women in prime working years - between 25 and 24. After showing a consistent entry into the labor-market in large numbers, over the recent years women have dropped out of work in greater numbers. And a trend like this has posed a reason enough for economic deterioration before the nation.
Interesting facts to note here is that most of the women who are quitting jobs are those are educated, married, have children and most importantly fall into the higher income category and not into the weak socioeconomic groups. So you cannot say that it is job dissatisfaction that is driving them out or that they are forcefully being driven out. It is more of a choice...women are choosing to go out of jobs.
A reason for this back-out can be that more and more young women are going in for attending schools, leaving space for older employees who keep working to bear the high health care costs and make up for the decline in the pension plans.
Another reason can be the lower rates of wage growth in comparison to men that the women have experienced over the years. I think this is a reason valid enough for today’s women to quit a job. If she is giving her best to the organization...then why would she work for less?
The Federal Reserve Bank of Dallas calls it an interesting moment in labor history rather than a source of economic distress.
No doubt that the over all picture has improved with the number of women in the labor force increasing from 75.1% in the first quarter to 75.4% now. But still, the hard truth remains that ‘The amount of economic growth that we’re going to get from labor force participation among women is going to be smaller.’
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Young women Quitting jobs, says Fed Data







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