🎢 “Less Epcot, more Amalfi” — Disney’s emptiest rides. Kura Sushi’s surge. She-cession’s finale.
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Participation Surge
The recent surge in women's workforce participation marks a significant milestone in post-pandemic recovery. highlights that the percentage of women aged 25 to 54 in the workforce has reached a record high of 78% 1. This rebound from the pandemic-induced "she-cession" is attributed to a return to normalcy, with children back in school and the service sector thriving 1.
After a three year pause, the gender gap in the workforce will continue closing for decades.
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notes that while the gender gap isn't fully closed, the progress is undeniable, with 70 years of gains being recouped after a significant setback 1.
Pandemic Impact
The pandemic uniquely impacted women, leading to what and Jack termed the "she-cession," where women faced greater economic challenges than men 2. With the collapse of the service sector and the closure of schools and childcare facilities, many women had to leave the workforce to manage childcare responsibilities 2.
Those four percentage points translate to 2 million women who had to stop working during the pandemic.
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However, the latest jobs report shows a recovery, with the percentage of prime working-age women now at a record high, signaling the end of the "she-cession" 2.