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...ing-women-to-join-the-workforce-is-the-easiest-way-to-increase-economic-growth/index.html
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<!doctype html><html><head><title>Empowering women to join the workforce is the easiest way to increase economic growth - Nithin Kamath's personal homepage</title><meta charset=utf-8><meta name=title content="Nithin Kamath's personal homepage"><meta name=description content="Empowering women to join the workforce is an obvious way to increase our economic growth..."><meta name=viewport content="width=device-width,initial-scale=1"><meta property="og:title" content="Empowering women to join the workforce is the easiest way to increase economic growth - Nithin Kamath's personal homepage"><meta property="og:description" content="Empowering women to join the workforce is an obvious way to increase our economic growth..."><meta property="og:type" content="website"><meta property="og:url" content="https://nithinkamath.me/blog/empowering-women-to-join-the-workforce-is-the-easiest-way-to-increase-economic-growth/"><link rel="shortcut icon" href=https://nithinkamath.me/static/images/favicon.png><meta property="og:image" content="https://nithinkamath.me/static/images/thumb.jpg"><link rel=preconnect href=https://fonts.gstatic.com><link href="https://fonts.googleapis.com/css2?family=Inter&display=swap" rel=stylesheet><link rel=stylesheet type=text/css media=screen href=https://nithinkamath.me/static/style.css></head><body><section class="container wrap"><div class=header><div class=logo><a href=https://nithinkamath.me/><img src=https://nithinkamath.me/static/images/nithin.jpg alt class=photo></a> | ||
<a href=https://nithinkamath.me/><img alt="Nithin Kamath's personal homepage" src=https://nithinkamath.me/static/images/logo.svg></a><p class=tagline>Musings on finance, business, and life</p></div><nav class=nav><a class=active href=/>Home</a> | ||
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<a href=https://nithinkamath.me/index.xml><img src=https://nithinkamath.me/static/images/feed.svg alt="Subscribe to feed"></a></nav></div><div class=content><div class="post single"><div class=post-header><h3 class=title>Empowering women to join the workforce is the easiest way to increase economic growth</h3><div class=date>26 Aug 2023</div></div><div class=body><p>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 <a href=https://grove.rainmatter.org/t/womens-labour-force-participation-in-india-why-is-it-so-low/2331>Rainmatter Grove</a> and and Ashutosh from <a href=indiadatahub.com/>IndiaDataHub</a> shared something interesting:</p><p>“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.”</p><p>Check the images, the U shape (of course, with exceptions) and the FLFP % dip from the 90’s.</p><p><a href="https://twitter.com/Nithin0dha/status/1695301585767698446?s=20" rel="noopener noreferrer">View on Twitter →</a></p></div><div class=tags><ul class=flat><li><a href=/tags/economy>economy</a></li><li><a href=/tags/startups>startups</a></li></ul></div></div></div></div></section><footer class=footer>Nithin Kamath © 2021 | ||
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