Women now hold more payroll jobs than men in the US for the first time outside a recession, signaling a structural shift in the labour market. Economists say the rise of female employment, coupled with a growing number of men leaving the workforce, is reshaping households where women are increasingly becoming the primary earners, reported Fortune.
According to recent US employment trends, women now hold more payroll jobs than men — a milestone that has occurred only twice before during the Great Recession and the period just before the COVID-19 pandemic. Unlike those earlier episodes, economists say this change appears to be driven by long-term structural forces rather than a temporary recession.
