3 ms·
Maybe is has to do with women entering the labor force? Here I plotted the labor force participation rate of women and men plus the sum of both. While the rate
by _Microft 5y ago
Maybe is has to do with women entering the labor force?
Here I plotted the labor force participation rate of women and men plus the sum of both. While the rate for men declines, the one for women increases.
Update: here is a new graph without the assumption that there are equally many men and women (participation rates for each are now multiplied by the population size of each and normalized to total population). The interesting part is that the total labor participation rate is moving very little, just between ~59-67%.
https://fred.stlouisfed.org/graph/?g=EFG8 https://fred.stlouisfed.org/graph/?g=EFG8
// OLD:
The sum of both moves between 120 and 135% (assumption here is that there are roughly as many men as there are women which should be approximately correct): https://fred.stlouisfed.org/graph/?g=EFEs https://fred.stlouisfed.org/graph/?g=EFEs
- notriddle 5y agoI think that's horribly misleading. Obviously, the percentage of women in the workforce shot up after anti-discrimination laws were applied to sex, but since the turn of the century, that trend has leveled off and reversed. If you just look at the last 20 years, the percentage of men and women in the work force have both been going down. Using your own, new chart (EFG8), which I used DoL statistics to verify [1], the overall labor force participation rate dropped from 67 in 2000 to 63 right before the pandemic hit, almost monotonically. What happened 20 years ago? [1]: https://www.dol.gov/agencies/wb/data/facts-over-time/women-in-the-labor-force https://www.dol.gov/agencies/wb/data/facts-over-time/women-i... (specifically, "Labor force participation rate by sex, race and Hispanic ethnicity")