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Clark Biweekly 8 8 24
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The percentage of women in the workforce has risen to a record high. Find out more later in this email.
💵 Today’s Top Stories
👩 More Women Are Working Than Ever
The percentage of women ages 25 to 54 participating in the workforce rose to an all-time high of 78.1% in May. The number now stands at 77.9% as women hold a record 79 million jobs.
Just 42% of women in this age bracket held jobs in 1960 and just 75.8% held jobs in 2019.
According to Wall Street Journal reporting, more women are starting businesses or getting jobs in male-dominated industries. “But the biggest change is the lasting impact of the pandemic’s remote work policies across companies and industries.”
A record 68.9% of women with children under 6 years old were working in 2023. But according to a Pew Research Center survey, in opposite-sex marriages where both husband and wife make similar income, wives worked an average of 4.5 extra hours per week on housework and caregiving.
Still, as the WSJ pointed out, one way to combat an aging U.S. population is to get a larger percentage of working-age people into the labor market. At least when it comes to women in the workplace, that seems to be happening.
In 1960, 97.1% of men ages 25 to 54 were working. That’s fallen to 89.6%as of now but has stayed mostly flat since the mid-200s.
📊 Stat of the Day
🇬🇷 36.1 million: Number of tourist visits to Greece in 2023. Outside of the COVID-19 pandemic, the number has risen every year since 2010 and is up from just more than 14 million in 2005. Santorini, the photogenic Greek island, attracted 11,000 cruise ship passengers in a single day – nearly equal to the 15,500 local population.
💰️ Deal Alert: Today’s Top Deals
🎙️ Podcast
Should schools ban cell phones? It’s a controversial topic right now. Some schools are implementing stricter policies and many are seeing a positive difference in the way kids interact with each other. What do you think about cell phones in schools? Also, inflation has hit our wallets so hard but companies are finally listening to consumers! Find out where you can find deals on food and keep your wallet happy.
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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