A COVID-19 Labor Force Legacy: The Drop in Dual-Worker Families
For much of 2022, the U.S. has enjoyed an unusually strong labor market. Unemployment is historically low, and job creation is well above the level needed to keep pace with population growth. By some measures, such as wage growth, the labor market is especially solid for many lower-wage workers. However, this does not mean that all workers are participating in the labor market at the rates they had prior to the pandemic. This blogpost summarizes research indicating less-educated couples became more likely during the COVID-19 pandemic to include only one labor force participant. The findings indicate that parents of young children report that caregiving is increasingly the reason given for their labor force nonparticipation.
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