Are we moving towards the feminization's of work? And could this lead to a more balanced workplace and economy? I believe the answer to both of these questions is yes.
The idea seems antithetical in the face of the “she-cession,” in which women dropped out of the workforce during the pandemic at higher rates than men in order to buffer a sudden loss of childcare and shoulder the burdens of home-schooling.
But I think this is a coronavirus-related blip that will correct as schools reopen and life returns to some semblance of normal. Most women have to work, economically. In the US, it’s nearly impossible to support a family on the median income of $67,521 if they don’t. Many, of course, simply want to.
The bigger trend is that over the coming years, women will also dominate and redefine much of the labor market.
Consider that female students now represent 59.5 per cent of all college attendees. That trend has been brewing for some time, but it received a big tailwind from Covid-19. While many mothers stayed at home with children, more men dropped out of college than women, in part to support families. In a few years, those college-educated women will have a leg up in the job market.
Continue reading: https://www.ft.com/content/23031dc0-8225-49de-b78f-c1d331db5c54
The idea seems antithetical in the face of the “she-cession,” in which women dropped out of the workforce during the pandemic at higher rates than men in order to buffer a sudden loss of childcare and shoulder the burdens of home-schooling.
But I think this is a coronavirus-related blip that will correct as schools reopen and life returns to some semblance of normal. Most women have to work, economically. In the US, it’s nearly impossible to support a family on the median income of $67,521 if they don’t. Many, of course, simply want to.
The bigger trend is that over the coming years, women will also dominate and redefine much of the labor market.
Consider that female students now represent 59.5 per cent of all college attendees. That trend has been brewing for some time, but it received a big tailwind from Covid-19. While many mothers stayed at home with children, more men dropped out of college than women, in part to support families. In a few years, those college-educated women will have a leg up in the job market.
Continue reading: https://www.ft.com/content/23031dc0-8225-49de-b78f-c1d331db5c54
