Power
Labor force participation rate

America's female workforce is expanding

Working from home has opened up job opportunities for many women

7/15/24 10:19AM

As the labor market bounces back from a pandemic slump, America’s female workforce is seeing a strong recovery… but not without consequences for some working women, per the WSJ.

New data released by the Labor Department reveals that the share of women aged 25-54 that are working or looking for work reached an all-time high of 78.1% in May, before falling slightly last month — meaning that women now hold a record 79 million jobs across the US.

While the lasting effects of remote working, as well as economic uncertainty, have meant that more women than ever are in formal employment, women’s median weekly earnings were just 83.6% of men’s last year, per BLS data.

Home truths

Indeed, the widespread normalization of WFH has given mothers of young children in particular, who’ve previously been shut out of in-person jobs due to household responsibilities, more opportunities to rejoin the working world. Last year, nearly 69% of American women with kids under 6 years old were in the labor market, up 2.5% from 2019. And, with inflation, many women are now bringing home the (increasingly expensive) bacon by necessity.

For a lot of women, though, at-home work is stacked on top of existing domestic obligations. A 2023 study from Pew Research Center found that, even in opposite-sex marriages where the earnings of the husband and wife were relatively egalitarian (no more than a 40:60 split in either direction), wives spent on average 4.5 hours more time per week on caregiving & housework than their spouses.

More Power

See all Power
power

Airbus faces a 10-day strike from UK workers, mirroring Boeing’s labor strife

Thousands of UK union Airbus workers plan to strike for 10 days in September amid a contract dispute.

The union workers build wings for Airbus’ commercial jets, threatening a production slowdown for the European plane maker.

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

power
Rani Molla
8/20/25

Elon Musk’s political party isn’t happening, as Tesla CEO gives up on the “America Party”

In July, Tesla CEO Elon Musk announced his own political party, the America Party — a move intended to “give you back your freedom.” What it did at the time was invoke the wrath of President Donald Trump and send the stock down.

A month and a half later, The Wall Street Journal is reporting that Musk is “pumping the brakes” on his third party.

According to the Journal, “Musk has told allies that he wants to focus his attention on his companies and is reluctant to alienate powerful Republicans by starting a third party that could siphon off GOP voters.” He also wants to maintain ties with Vice President JD Vance, the presumptive Republican presidential candidate for 2028.

What happened?

For one, earlier this month Tesla’s board approved a roughly $30 billion interim pay package that Musk will only realize if he remains at the company for two years.

The stock isn’t moving on the news so far, but investors and analysts typically see Musk’s focus on his public company as a good thing.

According to the Journal, “Musk has told allies that he wants to focus his attention on his companies and is reluctant to alienate powerful Republicans by starting a third party that could siphon off GOP voters.” He also wants to maintain ties with Vice President JD Vance, the presumptive Republican presidential candidate for 2028.

What happened?

For one, earlier this month Tesla’s board approved a roughly $30 billion interim pay package that Musk will only realize if he remains at the company for two years.

The stock isn’t moving on the news so far, but investors and analysts typically see Musk’s focus on his public company as a good thing.

NewsNation reporter

Nexstar, the US’s largest local TV broadcaster, is looking to get bigger with a $6.2 billion megamerger

TV broadcaster Nexstar plans to merge with smaller rival Tegna, testing the Trump administration’s consolidation appetite.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.