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  • 18 hours ago
For the third time in history, women outnumber men in the workforce.

This also happened briefly during the Great Recession and again just before COVID-19 — and both times the trend reversed. Laura Ullrich, a former regional economist at the Federal Reserve Bank of Richmond who authored a March analysis through Indeed’s Hiring Lab, says this time is structurally different.

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00:00The stay-at-home boyfriend is someone who has either intentionally left the workforce or someone
00:03who has either never tried or really has felt dejected that they wouldn't even be able to get
00:08into it in the first place. A great study recently said that men, when they're not working, they spend
00:13about 70% of their non-working hours playing video games. I remember saying, okay, stay-at-home
00:18boyfriend because it's not a joke so much so as a Federal Reserve data point. Since 1990, we've had
00:247 million jobs where men outnumbered women, and now that's gone to basically zero. This is a
00:29non-temporary adjustment. Only three times it's happened in history, once during the Great
00:33Recession and right before COVID. We don't know what's going to happen in the future, but we do
00:37know for the next 15 years, according to Laura Ulrich, the economist said indeed, that it's not
00:41going to be a temporary thing like it happened the last two times. It's going to be permanent.
00:46Women will outnumber men.
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