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Thursday, October 17, 2019
Case Study article, Labor Force Participation of Men and Women in the Essay
Case Study article, Labor Force Participation of Men and Women in the U.S. Economy, - Essay Example milarly, with more women now opting to work, fathers are also forced to look after their children and hence men participation in the workforce has seen a decline. Another reason for the increase in the women participation is the introduction of birth control and family planning programmes. This again has relieved women from their conventional household duties. All these points seem valid but the author fails to comment on the sustainability of these changes. I believe these changes will be short lived. In the long run, the decline in birth rate will mean that less labor force will be available for economic development and GDP will fall at a faster rate with less young and energetic people working in the economy and older people retiring early. The increase in women participation should be, therefore, taken as more of a problem then something to be happy about as it would harm the economy in the long
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