Women’s labor force participation has rebounded from the pandemic “she-cession” and returned to its pre-pandemic form of making progressively historic labor market gains.
By February of 2020, the labor force participation rate for prime working-age women was 77% — just shy of the record 77.3% set during the dot-com era, BLS data shows.
The pandemic walloped the leisure and hospitality and education and health services sectors, where women make up the majority of the workforce.
The economic evolution and recovery from the pandemic helped accelerate favorable drivers for women to enter the workforce.
Separately, new research shows that although women were outnumbered by men in the US workforce, women could be disproportionately affected by businesses’ adoption of generative AI: One recent analysis estimates that 79% of working women (nearly 59 million) are in occupations susceptible to disruption and automation.
Persons:
” Julia Pollak, ZipRecruiter, “, ” Pollak, Allison Joyce, didn’t, they’re, That’s, University of North Carolina’s, Dana Peterson, we’ve, ”, ” —, Jeanne Sahadi
Organizations:
Minneapolis CNN, of Labor Statistics, Bloomberg, Getty, Baby Boomers, Pew Research Center, University of North, University of North Carolina’s Kenan, Flagler Business School, Conference Board, CNN
Locations:
Minneapolis, America, Bolivia , North Carolina