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There are more women in the workforce than men—again

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Why This Matters

The closing gender gap in the workforce signifies a major shift towards greater gender equality in employment, driven by growth in sectors traditionally dominated by women. This change impacts the tech industry by highlighting the increasing presence and influence of women in various job roles, encouraging diversity and inclusion efforts. For consumers, it reflects broader societal progress and the importance of supporting diverse talent in the workforce.

Key Takeaways

A report from Indeed last week highlighted that the gender gap in the workforce has closed, driven by job growth in sectors that are dominated by women. For decades, there was a stubborn gender gap in employment, even as women grew more and more educated. Thirty-odd years ago, men still held 7 million more jobs—despite the fact that women were already earning college degrees at higher rates than their male counterparts. But by 2020, there was a turning point, and women outpaced men on non-farm payrolls by 109,000 jobs, which meant that they accounted for over 50% of the workforce.