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Women participation in US labor market dropping
31-1-2018
In its issue of today, Al Hayat newspaper spotlighted the US labor market which is reportedly facing a historic decline of 62.7% in the rate of participation of individuals aged between 18-54 years. According to the US Bureau of Labor Statistics, men’s participation stood at 69.2% in 2016, against 56.8% for women during the same year. The Bureau anticipated the respective participation of men and women to drop to 66.2% and 56.1% with the year 2026, in relation to the aging process of the American society in general. Al Hayat also mentioned that the participation of American citizens in the labor market has peaked with the end of former president Bill Clinton’s term in 2000 reaching 67.3%. But with the seventies revolution, when women started to engage in the labor market, the rate has rapidly risen from 62.5% in 1976 to its highest with the close of the Millennium. The newspaper also presented a comparison between the participation in the US labor market and other advanced economies around the world, like Britain for example, which posted 78.5% and France 71.9%. One of the reasons for the upsurge in the rate, according to researchers, is a wider participation of women in the labor market as a result of supporting services and facilities provided by the governments of these two countries in terms of free family planning, childbirth and childcare programs which give women more freedom to work. In conclusion, Al Hayat pointed out that the low participation rate has prompted companies to conduct serious surveys aimed to increase the rate through raising the participation rate of women in the labor market. (Al Hayat, January 30, 2018)
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