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Record 56,209,000 Women Not in Labor Force; Participation Rate Remains Steady at 56.7%
Posted By Ali Meyer On August 7, 2015 @ 9:50 am In Issues | No Comments
A record 56,209,000 women 16 or older did not participate in the nation’s labor force in July, according to data released Friday by the Bureau of Labor Statistics (BLS).
The 56,209,000 women not in the labor force did not have a job and did not actively seek one in the past four weeks. This measure increased by 124,000 individuals over the month.
When President Obama took office in January 2009, there were 49,226,000 women not in the labor force. This means that since that time, 6,983,000 women have dropped out of the labor force.
The participation rate, the percent of the population who participated in the labor force by either having a job or actively seeking one in the past four weeks, remained unchanged from June to July at 56.7 percent.
The unemployment rate increased in July for women at 5.3 percent from 5.2 percent in June.
The number of unemployed women, those who did not have a job but actively sought one, increased by 63,000 over the month. The number of employed women declined by 81,000 in July.
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