Economic Issues

Working Women Get Boost From Economy

Times are the best they have been since 1953 for females seeking to enter the labor force, according to data from the Department of Labor.

  • The unemployment rate for women over 16 years of age fell to 4.1 percent in October -- down from 4.4 percent in September.

  • That compares with an identical jobless rate of 4.1 percent for men -- but the rate for males moved up from 4.0 percent in September.

  • The unemployment rate for married women fell from 2.6 percent to 2.4 percent -- while the jobless rate for women who are heads of households fell from 6.5 percent to 6 percent in October.

Service industries -- such as health care, education, social services, engineering and management -- added 215,000 jobs, many of which went to women, the report stated. Overall, businesses created 310,000 jobs in October.

Source: Sara Nathan, "Shrinking Labor Pool Boosts Female Job Seekers," USA Today, November 8, 1999.

For more on Full Employment http://www.ncpa.org/pd/economy/econ5.html


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