labour force participation rate: Over 80,000 women left Canada labour force in 2014, bringing their labour force participation rate down to 61.6 per cent from 62.2 per cent in 2013 all figures annual averages . This is the lowest rate since 2002, and a reversal of decades of gradually growing gender equality through women participation in the workforce, according to Rabble. The exodus is concerning for a number of reasons. Women, their household incomes and public revenues will all lose out from lower incomes. If women are leaving the labour force because of a lack of opportunities, inadequate pay or because they are overloaded with work and family responsibilities, it should also be a major concern and Women left Canada labour force in record numbers last year. Who are they and why did they leave? If women participation rates hadn't declined in 2014, the unemployment rate for women unemployment rate would have risen from 6.4 to 7.3 per cent. This would have been the highest annual rate in 15 years and even higher than it was during the 2009-10 recession years. While there was a decline in women labour force participation immediately following the recession of the early 1990s, the decline last year comes five years after the recession was supposedly over.
(www.immigrantscanada.com). As
reported in the news.
Tagged under Canada labour force, unemployment rate topics.
10.3.15