“This year is shaping up to be the first year that women make up the majority of the college-educated labor force, a milestone that is already altering benefits packages offered by companies and one that could influence family sizes in the future.
Women make up only 46.6% of the overall labor force, but they first reached 45% of the college-educated labor force at the turn of the century. Since 2013, the female share of college-educated workers has been around the 49% mark, with 2019 being the year that women cross into a very slight majority. Nicole Smith, chief economist at Georgetown University Center on Education and the Workforce, said this development overall is a positive one.
“It is the culmination of a trend that started maybe over 40 years ago,” Ms. Smith said. “It’s going to give women a lot more earning potential. It’s going to give them more control over their finances, their own destiny.”
According to the Census Bureau, women-led households made up a little more than 26% of all households in 1980. By 2018, that number grew to 30.5%, although broader social changes contribute to this trend as well.”
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