3 ms·
>Remember in 1963 only the man was working Others have pointed out the flaws in the rest of this, but the labor force participation rate of Women[1] was around
by Amorymeltzer 3y ago
>Remember in 1963 only the man was working
Others have pointed out the flaws in the rest of this, but the labor force participation rate of Women[1] was around 33% in 1950, 38% in 1963, and 60% in 2000; it's 57% now. That's a huge change, but 1963 is a far cry from 0%. See also men[2].
As noted elsewhere, this ignores race. Compare white women under 20 <https://fred.stlouisfed.org/series/LNS11300029 https://fred.stlouisfed.org/series/LNS11300029> to black women under 20 <https://fred.stlouisfed.org/series/LNS11300032 https://fred.stlouisfed.org/series/LNS11300032>; dramatically different numbers.
Labor force participation rate isn't ideal, but it gives the picture.
1: <https://fred.stlouisfed.org/series/LNS11300002 https://fred.stlouisfed.org/series/LNS11300002>
2: <https://fred.stlouisfed.org/series/LNS11300001 https://fred.stlouisfed.org/series/LNS11300001>
- Majromax 3y agoAlso look at the prime-age participation rates (https://fred.stlouisfed.org/graph/?g=1k7Vy https://fred.stlouisfed.org/graph/?g=1k7Vy), which help control for demographic changes over the decades. The 1963 prime-age LFPRs were 44/99% for women/men respectively, and today those figures are 77/89%.