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...John Goodman of the National Center for Policy Analysis, (www.leavingwomenbehind.com). It is an eye-opening summary of the dramatic transformation of women and the United States economy.
Between 1950 and 2000, the labor force participation rate of women between 25 and 55 years of age more than doubled, with the result that over 75 percent of this group is now in the labor market. At the beginning of this transformation, fewer than 12 percent of mothers with children under age six worked; today the fraction exceeds 60 percent. Along with this rise in women working has been the demise of the one-earner family, which now constitutes only one-third of married couples.
This remarkable transformation naturally challenges traditional views of home and family, and the debate over these views has echoed through U.S. society. But it also challenges our perception of economic roles. How should we think about "workers," "taxpayers," and "retirees" in light of...
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