Women Are Winning in the Workplace

April Jobs Report

There are more women in the U.S. workforce today than ever before. More than 3 in 4 American women between ages 25 and 54 work part-time or full-time today, according to the Bureau of Labor Statistics’ April jobs report .

What’s Going On

The rise in the number of women in the workforce is likely due to two factors: the sustained strength of the U.S. job market and greater work flexibility.

After skyrocketing during the pandemic, America’s unemployment rate has hovered under 4% since 2022, indicating a strong labor market. In April, that figure was even lower for women, at just 3.1%.

Meanwhile, the increase in remote and hybrid work models has granted today’s workers greater flexibility in terms of their work schedules and locations. This shift has opened up opportunities for many parents, and particularly women, who are looking to balance career growth with raising a family.

Looking Ahead

Although these changes in the workforce have advantages, there are still hurdles to overcome.

In particular, the rising cost of childcare poses a challenge for many working parents. The median cost of daycare for a single child can be as high as $15,000 a year, per Census Bureau data. In fact, childcare in the U.S. now costs more than some colleges.

Companies are beginning to address this through childcare benefits, which studies have shown improve employee productivity and retention. But only a fraction of employers currently offer these perks. More measures like these could help keep women’s workforce participation at its record level or propel it to new highs.

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