Women’s labour market participation is often concomitant with enhanced economic prospects and better household decision-making power. From a macroeconomic standpoint, a diminished level of women’s labour force participation rate (LFPR) has significant consequences for women’s intra and inter-household bargaining power, as well as the overall economic progress of the nation.
Economic Growth: The active involvement of women in the workforce is directly connected to economic expansion, as a significant portion of the female population being underutilized results in lost productivity and economic output.
Poverty Reduction: Offering income-generating opportunities to women can elevate households out of poverty, thereby improving living standards and the well-being of families.
Human Capital Development: Educated and economically active women can have a positive impact on the education and health of their children, leading to long-lasting benefits across generations.
Gender Equality and Empowerment: Increased female workforce participation challenges traditional gender roles and norms, promoting gender equality. It empowers women to have more control over their lives, decision-making, and autonomy.
Fertility and Population Growth: Research indicates that as women's participation in the workforce rises, fertility rates tend to decrease, a phenomenon known as the "fertility transition." This is associated with improved access to education, healthcare, and family planning, leading to more sustainable population growth.
Reduced Gender-Based Violence: Economic empowerment enhances women's ability to negotiate and reduces their vulnerability to gender-based violence and abusive relationships.
Labor Market and Talent Pool: Boosting women's participation in the labor force can address skill shortages and labor market imbalances, leading to a more efficient allocation of talent and resources.
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1. Why is the labour market participation of women an important topic? |
2. How does marriage affect the labour market participation of women? |
3. What are the factors that influence women's decision to participate in the labour market after marriage? |
4. How does women's labour market participation impact their empowerment? |
5. What are some strategies to promote women's labour market participation and marriage? |
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