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According to the Bureau of Statistics' latest jobs report, 431,000 jobs were added during the month of March, and 249,000 women joined the labor force, accounting for 63% of the new positions created, CNBC reports. A nationwide recovery from the COVID-19 pandemic is creating a revived job market, and women are making a strong comeback.
Over the past two years, 70% of jobs lost were women-held positions, but as schools and daycares reopen and added household demands are alleviated post-pandemic, females are returning to the workforce in droves.
Fewer Covid cases also means less school and child-care closures, which allows women to "get back to work," [Jasmine Tucker] adds. "Women tend to shoulder child-care responsibilities, and if pandemic conditions improve, they're no longer in a precarious position where they have to leave their jobs or the workforce to handle things at home."
Several groups saw a drop in unemployment last month: Latinas (4.8% to 4.2%), Asian women (2.7% to 2.6%) Black women (6.1% to 5.5%) and white women (3.1% to 2.8%). The unemployment rate for all people was 3.6%, lower than economists' expectations of 3.7%.
