Once upon a time, the job market used to be a man’s world. That is no longer true. Today, women mark the biggest share in the job market. In this article, we will discuss how the trend reversed in the last few decades.
During the 60s and 70s, men used to claim almost 70% of the entry-level jobs across industries. Although women also got into jobs, they dropped off the earning radar after getting married and starting a family. Even in those times, some women stuck it out and stayed employed, giving rise to the ‘working mom’ phenomena.
By the 90s, the working mom became the norm, rather than an exception. As a result, the percentage of women with employment grew. As young girls watched their mom work outside the house, it became easy for them to choose a career and stick with it for most of their adult life.
Improved work conditions, parity in pay and better maternity facilities have encouraged women to stay at their jobs. In addition, the education levels among women have shot up in the recent generation. Women are doing far better than men in STEM, consequently, they are landing in plum entry jobs.
Today, close to 60% of college graduates are women. They are taking the top jobs, delaying marriages and children and family life to aggressively pursue their careers. At the same time, more men are settling for blue-collar and lower income jobs as they struggle to keep up with higher education.
According to stats published by the Census Bureau, in 2017, more than a third of women have higher education degrees while a few decades ago, it was less than a quarter. Today’s empowered women are pushing boundaries daily and setting new standards. As a result, they have taken the lion’s share in the job market.