- Sep 2018
- Atlanta area
But of course, the lowly Dimms are gonna keep saying Trump has "a war against women". Such buffoons!
Women Are Winning in the Trump Economy
By Elaine Parker
October 02, 2018
AP Photo/Evan Vucci
By almost every economic measure, women are flourishing in today's economy. Female unemployment is currently at a 50-year low of 3.9 percent, less than half the rate it was as recently as President Obama's second term. This summer, the female unemployment rate reached its lowest level in 65 years. When you consider how small the female labor force was back then, it's safe to say it's never been easier for a woman to find a job than it is today.
Women are also leaving the labor market sidelines to return to the workforce in droves. Prime-age female employment has increased by 1 million since November 2016. This year, the prime-age female employment rate finally returned to its pre-Great Recession level.
While male wages have stagnated in recent decades (with the exception of the past couple of years), women's have increased markedly. Women are 15 percent more likely than men to have a college degree, and that spread increases among recent graduates.
The number of women-owned businesses has grown by 114 percent over the past 20 years compared to just 44 percent overall. There are an estimated 11.6 million women-owned businesses, about 40 percent of the total businesses in the country.