Always sceptical of this progressive urge to pick a metric and talk of optimizing it as a "good thing"
Something doesn't seem right
There is no such thing as an "optimal" female labor force participation rate
Something doesn't seem right
There is no such thing as an "optimal" female labor force participation rate
Here's the labor force participation rate for Women from the World bank site (since 1990)
You see a decline from 51% to less than 48% in a span of 30 years
The world has gotten immeasurably richer in the same period
You see a decline from 51% to less than 48% in a span of 30 years
The world has gotten immeasurably richer in the same period
Does that mean we should discourage women from working?
No...
It just tells you how silly it is to turn such metrics into optimization targets
No...
It just tells you how silly it is to turn such metrics into optimization targets
Here's a comparison of female labor force participation rates for US vs UK since 1990
While rates have declined in US in recent periods, we see a steady increase in UK
This is no indication on their economies. If anything the US economy has fared better than UK in recent years
While rates have declined in US in recent periods, we see a steady increase in UK
This is no indication on their economies. If anything the US economy has fared better than UK in recent years
