labor

Why Women Are Leaving the Workforce in Record Numbers

Liz Peek The Fiscal Times
The number of women age 20 and older not in the labor pool has soared from 40 million in 2000 to nearly 49 million today; another 315,000 called it quits last month. The participation rate of women in the workplace has dropped from a high of 60.7 percent in 1999 to 58.8 percent today. By contrast, some 72.5 percent of men are either working or looking for a job. What’s going on?

As Union Membership Declines, So Do Wages - Despite Job Growth

The Bureau of Labor Statistics said the total number of union members fell by 400,000 last year, to 14.3 million, even though the nation's overall employment rose by 2.4 million - the unionization rate to its lowest level in close to a century. among full-time workers, union members had median weekly earnings of $943 last year (about $49,000 annually), compared with $742 (about $38,600 annually), for comparable nonunion workers.
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