Moody’s report speaks to the economic gains of female labor market participation
A report published by Moody's found that if female labor market participation in the U.S. grew to the same levels seen in other developed economies, the U.S. economy could get a $1 trillion boost over the next decade. During the pandemic women globally were hit hard as lockdowns disrupted female dominated industries like education and healthcare. But the report found that more women have left work in the United States than in other developed countries, “partly due to a lack of family friendly policies such as guaranteed paid family leave and child care subsidies.”
See "Moody’s report speaks to the economic gains of female labor market participation", Federica Urso, Reuters, March 8, 2022