Women workers hit a milestone last month: The proportion of employed prime-aged women (that is, between the ages of 25-54) is finally above the level seen before the pandemic.
Labor force participation rate in this cohort ticked up last month by a whopping 0.8 percentage points.
- Julia Coronado, the founder of MacroPolicy Perspectives, suspects it could be tied to schools back-in-session, per a tweet.
Men haven't notched the same feat. The employment-population ratio for prime-aged men is roughly 0.7 percentage points below the February 2020 level.