When childcare costs more than rent, fewer women choose to work.
Joyce Park stashed this in Feminism
Stashed in: Women, Awesome, America!, Personal Finance, Corporate Diversity, Demographics
To save this post, select a stash from drop-down menu or type in a new one:
US women's labor force participation rate is now under that of Japan, which we think of as being unfriendly to working women. The cost of childcare is a big factor in America, which given the world-historically low birthrates in Japan are presumably less of an issue there.
Women participation in the labor force going down AND birth rates going down are two alarming demographic trends in the United States that I had no idea were happening until now.
11:12 AM Dec 30 2015