Tags: Women | Labor | Force | jobs

Report: Record Number of Women Dropping Out of Work Force

Thursday, 10 May 2012 04:09 PM

Some 324,000 women dropped out of the labor force in March and April alone, a study finds, way more than the net 235,000 total net jobs added during those two months.

Meanwhile the number of women not in the civilian labor force hit an all-time historical high of 53. 3 million in those two months, CNS News reports, citing Bureau of Labor Statistics data.

The civilian labor force is made up of all people in the United States 16 years or older who are not in the military, a prison, or another institution such as a nursing home or mental hospital and have a job or are actively looking for one.

The civilian labor force is a subset the civilian noninstitutional population, which includes all people in the country 16 or older who are not in the military, a prison, or another institution such as a nursing home or mental hospital.

Currently, 57.6 percent of the women in the civilian noninstitutional population were also in the labor force, the lowest since April 1993, CNS adds.

Other economists agree that while the recession hit men the hardest when it began, recovery is not bringing women back to work.

Over the past year or so, the workforce-participation rate of women ages 45 to 54 has "dropped like a stone," says Julia Coronado, chief North America economist at BNP Paribas, according to Time Magazine.

"Married, single-earner households are on the rise, and married women are increasingly choosing not to work, in part because many are finding that the jobs they can get simply aren't worth it in terms of pay, commute, hassle, etc."

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