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no, that is quite unlikely to have much explanatory power here. you're applying static thinking to a dynamic system. women have been integrating into the work f
by clairity 10y ago
no, that is quite unlikely to have much explanatory power here. you're applying static thinking to a dynamic system. women have been integrating into the work force for the past 100 years. it wasn't an instantaneous doubling all of the sudden. consumption grew in lock-step with labor supply over those many years, so labor demand rose as well to meet the new consumer demand. a so-called virtuous cycle.
wage stagnation is tied to the growing wealth of the top 1%, not working women.