Women’s labor force participation pattern 'hiding in plain sight'
The labor force participation rate for prime-age women (ages 24-54) has shown a fluctuating pattern, particularly a drop during summer months, which a study attributes to increased caregiving demands. This seasonal decline in women's employment is often overlooked in seasonally adjusted data but is evident in non-adjusted figures. The shift results in a significant earnings loss compared to men, and is influenced by traditional roles and the concentration of women in education sector jobs due to their flexible schedules. The advent of remote work offers potential flexibility, yet it remains uncertain if it effectively addresses gender disparities in the workforce, especially as women continue to face more interruptions and challenges related to childcare and household duties that may affect their career progression in the long-run.
See "Women’s labor force participation pattern 'hiding in plain sight'", Maya Benjamin, Yahoo Finance, July 22, 2024