Women Account For Entire Drop In Labor Force Participation Last Month
By Travis Waldron on Apr 6, 2012 at 1:30 pm
The Bureau of Labor Statistics released its monthly jobs report this morning, revealing that the American economy added 120,000 jobs. Though the number was lower than in previous months, it marked the 25th consecutive month that the private sector added jobs. The unemployment rate, meanwhile, dropped to 8.2 percent, in part because the labor force participation rate (which measures how many people are seeking employment) fell.
As former Department of Labor chief economist Betsey Stevenson noted on Twitter, female workers accounted for the entire drop in labor force participation:
Declines in labor force participation all came from women: Male particpation +14K, Female particpation -177K
6 Apr 12 ReplyRetweetFavorite