Ok, this was startling:
Unemployed to employed: Compare the trends for men and women since 1990 https://t.co/cCcjcVhzuF pic.twitter.com/8e61uvCIWN
— St. Louis Fed (@stlouisfed) November 24, 2015
When we worry about the business cycle, is this just a case of a men's problem being considered a national problem?
There's probably a lot more to this (this was just my instant reaction), but prima facie it is pretty startling.
My intuition here is that women choose to leave the labor force instead of entering unemployment (job search). Male and female employment population ratios seem to back me up: https://www.dropbox.com/s/vatkxvudlqyriou/Male%20vs.%20Female%20Employment.png?dl=0 (Data from Fred, as usual)
ReplyDeleteThat seems like a very plausible mechanism to account for the difference ...
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