Hard times prompt women to step away from the work force
- added July 23, 2008
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Across the country, women in their prime earning years, struggling with an unfriendly economy, are retreating from the work force, either permanently or for long stretches.
They had piled into jobs in growing numbers since the 1960s. But that stopped happening this decade, and as the nearly 7-year-old recovery gives way to hard times, the retreat is likely to accelerate.
......"When we saw women starting to drop out in the early part of this decade, we thought it was the motherhood movement, women staying home to raise their kids," said Heather Boushey, a senior economist at the Joint Economic Committee of Congress, which did the congressional study. "We did not think it was the economy, but when we looked into it, we realized that it was."....
See the whole story over at the link...
-By LOUIS UCHITELLE
New York Times
They had piled into jobs in growing numbers since the 1960s. But that stopped happening this decade, and as the nearly 7-year-old recovery gives way to hard times, the retreat is likely to accelerate.
......"When we saw women starting to drop out in the early part of this decade, we thought it was the motherhood movement, women staying home to raise their kids," said Heather Boushey, a senior economist at the Joint Economic Committee of Congress, which did the congressional study. "We did not think it was the economy, but when we looked into it, we realized that it was."....
See the whole story over at the link...
-By LOUIS UCHITELLE
New York Times
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More than 22,000 women took part in the 2006 Ask a Working Woman survey—with the majority saying they were worried about such fundamental economic issues as paying for health care, not having retirement security and pay not keeping up with the cost of living.
And that was when the economy wasn't in the sewer. Today, 87 percent of Americans say the economy is getting worse, matching the year's high. But women are at greater economic risk today than in past recessions, according to a new study. In the past year, women’s real wages fell by 3 percent, compared with half a percentage point for men’s wages.
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