Economy affecting women in the workforce
Women leaving the workforce: it’s not just for parenting anymore.
For the first time since the beginning of the women’s movement, there are fewer women in the workforce due to the economy:
After moving into virtually every occupation, women are being afflicted on a large scale by the same troubles as men: downturns, layoffs, outsourcing, stagnant wages or the discouraging prospect of an outright pay cut. And they are responding as men have, by dropping out or disappearing for a while.
It’s interesting that the statistics have long assumes women left the workplace to stay home with kids, and the economy was a major factor after all.
I wonder if it’s due to women being more likely than men to report leaving the workforce by saying they “staying home with children”, thus giving a positive spin to having to leave a job.
Either way, the loss of a wage earner in the family can have significant consequences.
That is an interesting take – I never thought of the issue of putting a positive spin on it. It makes perfect sense.
I think men are more focused on their long term career goals and less willing to leave their position for a variety of reasons. Women are traditionally less concerned with their career progression and might be more willing to opt out for the good of the company or their own family finances.