Women alone are driving a recovery in workforce participation
Rising wages for low-skilled workers are tempting women, but not men, into the labour force
IF THERE were a list of common complaints about America’s economy, the fact that too few people work would be near the top. Though unemployment is low—only 4.3% in July—the figure does not include those who are jobless either by choice, or because they have given up looking for work. The proportion of those aged between 25 and 54 in work is 79%—lower than in France, where the unemployment rate is more than twice as high. So it is a relief that over the past two years, as the labour market has improved, Americans aged 25 to 54 (prime-age, in the jargon) have been joining the labour force in greater numbers. What is remarkable, however, is that this turnaround has been driven almost entirely by women.
This article appeared in the United States section of the print edition under the headline “All the working ladies”
United States August 19th 2017
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