Trends in Labor Force Participation Essay Example | Topics and Well Written Essays - 250 words

Trends in Labor Force Participation - Essay ExampleOn the other hand, labor-force participation among men descentped from 87 percent to 71 percent. The author states that there has been a enormous range of reasons that have led to the increase in womens labor force participation. For instance, the rise and service of technology in the information era resulting into less time required for household chores, and changes in sociable and political attitudes among others (Mankiw 38). Alternatively, the decline in labor-force participation in men can be attributed to early and lengthy retirement period, and more time consumed in school among young men. Westernization and globalization has also affected the event and increase of labor-force participation among women. In the current world, women participation in various social, economic and political leaders positions has drastically increased. Women empowerment programs and women labor unions have played an imperative role in ensuring w omen get concern representation and fair treatment in the workplace (Mankiw 38). According to some economists, labor-force participation is expected to drop in the future as a result of increased old population share in the labor market. Today, equal representation in the labor-force participation among men and women has been witnessed. On the other hand, there is want for government intervention in protecting available opportunities in order creates more chances and participation in the labor-force with women participation in the labor market increasing from 33 percent t0 59 percent.