A January 3rd article from THE ECONOMIST, “Female Power,” focuses on women in the “rich world”. http://www.economist.com/opinion/displaystory.cfm?story_id=15174418
For example…
-More women work. In the U.S. women compose 51% of professional workers.
-Contraception makes work possible.
-The “vacuum cleaner” makes work possible.
-More women work because contemporary jobs require brain power instead of muscle power.
-The cost of motherhood is high for aspirational women.
Two thoughts:
1. With this massive shift in female responsibilities, in nations that prohibit their females from contributing professionally, what will happen to economic growth?
2. In nations with a substantial female work force, how will families respond? How will a typical U.S family look in 2020?
Your thoughts?