The following chart shows the monthly change in labor force participation by sex. Labor force participation includes both people who are working and those looking for work.
Labor force participation dropped for both sexes, suggesting an increasing number of people giving up on looking for work, retiring, or caring for family full-time. But the monthly change for women was much larger than for men. Labor force participation declined by 865,000 women from August to September, while about 216,000 men left the labor force.
The unemployment rate dropped by 0.6 percentage points for both men and women, although the rate is still higher for women. The September unemployment rate was 8.0% for women and 7.7% for men.
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Imagine how many people have lost their jobs because of lockdowns in poorer countries, where government doesn't compensate the out-of-work time. How many lifes have been heavily damaged, or even destroyed, over someone else's fancy idea to destroy/change world's economy.
Because they’re quitters
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
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