Labor-force participation among women in their prime working years returned to pre-pandemic levels in January, but the gains haven’t been spread evenly.
Men of prime working age, by contrast, have yet to experience a full recovery. While labor force participation among 25- to 54-year-old men outstripped the rate among women in the same age group, at 88.5% in January, it was still shy of February 2020’s level of 89.2%, according to federal data.The American labor force looks different today than it did before Covid-19 slammed into the global economy.
Overall labor force participation for all workers older than 16 remains below pre-pandemic levels, largely due to a wave of retirements as the workforce continues to age. And while many older workers have rejoined the workforce in pursuit of income as the economy recovers, federal policymakers and economistsBut among women in their prime working years, employment gains appear to be strong.
Beth Almeida, a senior fellow at CAP, said women’s labor force participation had already been trending upward before the pandemic, suggesting a pent-up eagerness to return to work as the health crisis ebbed. “Women, after really fighting for a lot of the gains and having opportunities in the workplace, weren’t just going to kind of walk away from that,” she said.
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