Wednesday, November 30, 2011

Closing the gap

As shown in the figures, during the past four decades the participation rate of women in labor market grew more or less 20%. The interesting part is that the articles suggested two more minor reasons which might have influenced other than increased demand in office or professional positions, as well as greater education investments. That is, the psychological effect that the daughters have seen their mothers going back to labor market and so took it for granted to be working after marriage and child birth. Also, the rising divorce rate seems calling for the need of woman's own financial support even after marriage.

http://www.economist.com/node/21539928

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