Women’s Labor Force Participation at New Low
JESSE POWELL writes:
In January 2013, the most recent month for which U.S. Census data is available, the Labor Force Participation Rate (LFPR) of all women in the United States from 25 to 54 years old stood at 74.0 percent. This is the lowest rate since July 1991 when it stood at 73.9 percent. The LFPR for women first hit 74.0 percent in September 1989. The peak in women’s LFPR was in April 2000 when it touched 77.3 percent.
For men in the same age group their LFPR was 91.7 percent in April 2000 and 88.6 percent in January 2013. This means from April 2000 to January 2013 men’s LFPR dropped by 3.1 percentage points and women’s LFPR dropped by 3.3 percentage points; about the same amount. So it cannot be said that there is a return to traditional sex roles going on with men increasing their participation in the workforce to match the level of earlier years and women leaving the workforce because now their men are taking care of them; only the women leaving the workforce part is happening. Still women leaving the workforce on a sustained basis as appears to be happening is totally new.
From 1870 to 2000 women’s participation in the workforce continually increased; a trend of at least 130 years ever since record keeping on the subject began. Now since 2000 women’s participation in the workforce has declined to where it was in 1991. This kind of regression is totally unprecedented since 1870. From 1870 to 2000, every single decade saw an increase in women working; usually of a substantial ratio. The growth in women working was slow from 1990 to 2000, but was rapid for all the decades preceding 1990, even during the recession of the 1970s. (more…)
