Search Results
Journal Article
What’s Driving Labor Force Participation Among Women?
A substantial and unexpected rise in women’s labor force participation rates over the past few years has been a key factor spurring rapid labor force growth. In particular, Hispanic women have made a disproportionately large contribution to post-pandemic growth in prime-age women’s participation rates. Analysis shows that this group’s increase was driven by both a rise in labor market participation over the life cycle within generational cohorts and notably higher participation rates among younger generations than older generations’ participation when they were the same age.
Journal Article
Gender Composition of the Boards of Directors of the Regional Federal Reserve Banks
Women have traditionally been underrepresented among governors of the Federal Reserve Board and among presidents of the regional Federal Reserve Banks. This lack of diversity may limit the representation of the interests of women, leave out valuable talent, and affect group dynamics and decision-making. These concerns are also relevant for the members of the Boards of Directors of the twelve regional banks of the Federal Reserve System. This article presents and analyzes hand-collected data on female representation on these twelve boards. Since 1977, when the first five women began serving as ...
Journal Article
Were Teleworkable Jobs Pandemic-Proof?
While the majority of pandemic-related job losses have been in occupations where working from home was not possible, work-from-home or “teleworkable” jobs were not pandemic-proof. In addition, the number of teleworkable jobs lost and recovered differed by workers’ sex and education status. Both college-educated and non-college-educated women experienced larger employment losses and slower recoveries in teleworkable jobs than their male counterparts.
Working Paper
Women's Labor Force Exits during COVID-19: Differences by Motherhood, Race, and Ethnicity
In this paper, we study declines in women's labor force participation by race and ethnicity as well as the presence of children. We find that increases in labor force exits were larger for Black women, Latinas, and women living with children. In particular, we find larger increases in pandemic-era labor force exits among women living with children under age 6 and among lower-earning women living with school-age children after controlling for detailed job and demographic characteristics. Latinas and Black women also had larger increases in labor force exits during the pandemic relative to ...
Speech
The Business Case for Diverse Perspectives
Remarks at the Bloomberg Intelligence Women in Finance: Fixed Income Halftime Report, New York City.
The “She-Cession” Persists, Especially for Women of Color
During most of the pandemic, women have experienced higher unemployment rates than men. Women of color have been hit particularly hard.
Briefing
Are Younger Generations of Women Prepared for Retirement?
We describe changes in the financial circumstances of women over time, focusing on employment, income and wealth. Beginning with the 1920 birth cohort, we show that women's income grew for several successive cohorts, then entered a period of stability. However, there has been no such growth in wealth. This suggests that younger generations of women may not be any better prepared for retirement than their predecessors.
Working Paper
Women’s Labor Force Exits during COVID-19: Differences by Motherhood, Race, and Ethnicity
While the descriptive impacts of the pandemic on women have been well documented in the aggregate, we know much less about the impacts of the pandemic on different groups of women. After controlling for detailed job and demographic characteristics, including occupation and industry, we find that the pandemic led to significant excess labor force exits among women living with children under age six relative to women without children. We also find evidence of larger increases in exits among lower-earning women. The presence of children predicted larger increases in exits during the pandemic ...
Journal Article
Community Colleges in the Fifth District: Who Attends, Who Pays?
Journal Article
Women Take a Bigger Hit in the First Wave of Job Losses due to COVID-19
The temporary shutdown orders and social distancing measures taken to fight the COVID-19 outbreak have caused substantial job losses in the United States. Women, especially those without a college degree, have taken a bigger hit in the first wave of job losses. This imbalance could lead to prolonged damage to women’s employment and labor market attachment if job losses deepen and persist in the coming months.