Women postpone careers for more school
Tuesday, January 03, 2012
Young women appear to be
postponing their working lives to get more education, according to a recent New
York Times report. For the first time in 30 years there are more young
women in school than in the work force.
Young women in their late teens and early 20s
view the current economic lull as an opportunity to upgrade their skills, while
their male counterparts are more likely to take whatever job they can find,
according to the New York Times. Long term, the next generation of
women may have a significant advantage over their male counterparts, whose
career options are already becoming constrained, economists noted.
In the two and a half years since the
recovery officially began, men age 16 to 24 have gained 178,000 jobs, while
their female counterparts have lost 255,000 positions, according to Labor
Department figures. At the same time, 412,000 young women have dropped out of
the labor force entirely and are no longer looking for work. Across all age
groups, an unemployed female worker is 35 percent more likely to drop out of
the labor force in the next month than an unemployed male worker.
Some studies suggest that women
are choosier about their job choices
than men. Already earning less than men, women appear less willing to work when
wages fall further, especially if they are able to rely on an employed spouse.
Societal influences are also
affecting women’s choice to return to school rather than take a lesser job.Both men and women are going back to
school, the New York Times noted, but the growth in enrollment
is significantly larger for women. In the last two years, the number of women
ages 18 to 24 in school rose by 130,000, compared with a gain of 53,000 for