Re:Why is U.S. labor supply so low?
by JamesLeonis on Sunday December 26, 2021 @02:59PM
(#29695772)
The distribution did change [1; red, blue]; more women were entering than men leaving. Since 2000 both demographics are dropping about equally and in lock step, but not returning to previous decade distributions.
That is, the two 60%s tell different stories. Of course, the right way for me to see this is if housewifery rate has returned to the baseline, or if female labor participation rate is similar to what it was, or if households can be supported and are supported in the same way as the past.
My impression was that the rapid growth in labor force participation was because of women. But I have not recently tested if that is correct. M