Most of these still exist in the same employment today and primarily appear with the birth of the first kid. The challenges women confront in the workforce are highlighted by Goldin’s thoughts.
Source: The Conversation
Her prize serves as a call to action for affirmative action on workplace equality and engagement for women.Women were more likely to participate in the labour force before industrialization in the 1800s.
Later, balancing job and family was more difficult for them compared to life on the farm. As the service sector expanded in the 1900s, their employment increased once more. Change was only marginally hastened by increased educational attainment and the contraceptive pill.
Only 50% of women are currently employed in the world’s workforce, compared to 80% of men. They make less money and have a lower chance of climbing the corporate ladder. The best use of human resources is constrained by fewer opportunities and income inequities. It is unusual for overall economic growth to have little impact on the situation of many female employees.
Source: DW News
It’s critical to recognize in Goldin’s analysis that a woman’s position in the job market is not just impacted by socioeconomic variables. Her decisions are influenced by the family dynamics. Women are more likely to choose professions with flexible hours. This frequently deepens income differences, which are already lower in professions with more flexible schedules. Although India’s social systems vary, conclusions from the research must be carefully considered for practical policy recommendations.
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