What’s Sidelining Women?

Tom Barkin

Speech from Federal Reserve Bank of Richmond

Abstract: The idea of “same storm, different boats” has rarely been more evident. That makes this recovery a good and necessary time to discuss how to bolster women’s economic security. Of the roughly 100 million adults out of the labor force, almost 60 percent are women. For many, opting out of work is the right decision, but there are others who would prefer to work if not for barriers in their way. The pandemic exposed barriers that have a more significant impact on those with more fragile economic security: family care, mismatches, incentives and health. All across the country, employers are looking for workers and asking how they can engage them. That makes this a unique opportunity to tackle the barriers keeping women out of the labor force.

Keywords: employment; and; labor; markets (search for similar items in EconPapers)
Date: 2021-10-21
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Persistent link: https://EconPapers.repec.org/RePEc:fip:r00034:101289

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