diff --git a/content/blog/empowering-women-to-join-the-workforce-is-the-easiest-way-to-increase-economic-growth.md b/content/blog/empowering-women-to-join-the-workforce-is-the-easiest-way-to-increase-economic-growth.md new file mode 100644 index 00000000..c575e877 --- /dev/null +++ b/content/blog/empowering-women-to-join-the-workforce-is-the-easiest-way-to-increase-economic-growth.md @@ -0,0 +1,16 @@ +--- +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... + +--- + +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: + +"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." + +Check the images, the U shape (of course, with exceptions) and the FLFP % dip from the 90's.