Question

1-The gap between the earnings of younger women and younger men is considerably smaller than the...

1-The gap between the earnings of younger women and younger men is considerably smaller than the gap between the earnings of older women and older men. Question: Why is the gap becoming smaller?

2-Since 1975, labor force participation of U.S. women with children under age 18 has increased from 47% to 71%. Nearly 76% of single women with children participate in the labor force. Question: What factors are affecting this increased participation?

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Answer #1

Answer 1:

The gap between the earnings of younger women and younger men is considerably smaller than the gap between the earnings of older women and older men. The gap becoming smaller because the earning is becoming less dependent on the skills and experience and it is more depended on the educational of individuals. So because of this reason, the gap between the older and younger individuals is reducing. In the current scenario, the earning is mainly depends upon the education level than the experience level. The current technology does not need the old working experience and old skill set available with the individuals, as the old working experience and skill set is not much of related with the current technology, so current technology needs the individual of latest educations.

Answer 2:

Since 1975, labor force participation of U.S. women with children under age 18 has increased from 47% to 71%. Nearly 76% of single women with children participate in the labor force. The factors that are affecting this increased participation is

  • Due to the increased education level among the women that influenced the women to focus towards work. Women are interested in works so that they can make good earning.
  • Demand of high earning and increase the living standard is the key cause for women to start work, thus women percentage of work increased.
  • Children care facilities helped the children caring women to focus on work as children can be cared by the child care agencies and these have freed women from routine children care.
  • The globalization fueled the women working culture in most of the global locations. This increased the women working percentage.
  • Women have low children either one or two max, in this case they get enough time and they can resume to work as soon as possible.
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