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date: '2023-08-26' | ||
title: Empowering women to join the workforce is the easiest way to increase economic growth | ||
tags: [economy, startups] | ||
author: nithin | ||
link: https://twitter.com/Nithin0dha/status/1695301585767698446?s=20 | ||
post_type: tweet | ||
description: Empowering women to join the workforce is an obvious way to increase our economic growth... | ||
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Empowering women to join the workforce is an obvious way to increase our economic growth. Our female labor force participation rate is among the lowest in the world. One thing I couldn't make sense of is why our female labor force participation (FLFP), which was in the ~30% range in the 90s, fell to 20% and rose to 24%. We have been discussing this topic on the [Rainmatter Grove](https://grove.rainmatter.org/t/womens-labour-force-participation-in-india-why-is-it-so-low/2331) and and Ashutosh from [IndiaDataHub](indiadatahub.com/) shared something interesting: | ||
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"The relationship between female labour participation and per capita GDP tends to be U-shaped. This is because at lower income levels, a large part of female employment (and the same holds for children) tends to be distress or need-driven. As income levels rise, this distress employment reduces, and thus female labour participation declines. And then it rises as women enter the labour force again, not due to distress, but voluntarily." | ||
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Check the images, the U shape (of course, with exceptions) and the FLFP % dip from the 90's. |