The New Lifecycle of Women’s Employment: Disappearing Humps, Sagging Middles, Expanding Tops

TitleThe New Lifecycle of Women’s Employment: Disappearing Humps, Sagging Middles, Expanding Tops
Publication TypeReport
Year of Publication2016
AuthorsGoldin, C, Mitchell, J
Series TitleNBER Working Paper Series
Document NumberWorking Paper 22913
Pagination1-39
Date Published12/2016
InstitutionNational Bureau of Economic Research
CityCambridge, MA
KeywordsEmployment and Labor Force, Lifecycles, Older Adults, Retirement Planning and Satisfaction, Women and Minorities
Abstract

A new lifecycle of women's employment emerged with cohorts born in the 1950s. For prior cohorts, lifecycle employment had a hump shape; it increased from the twenties to the forties, hit a peak and then declined starting in the fifties. The new lifecycle of employment is initially high and flat, there is a dip in the middle and a phasing out that is more prolonged than for previous cohorts. The hump is gone, the middle is a bit sagging and the top has greatly expanded. We explore the increase in cumulative work experience for women from the 1930s to the 1970s birth cohorts using the SIPP and the HRS. We investigate the changing labor force impact of a birth event across cohorts and by education and also the impact of taking leave or quitting. We find greatly increased labor force experience across cohorts, far less time out after a birth and greater labor force recovery for those who take paid or unpaid leave. Increased employment of women in their older ages is related to more continuous work experience across the lifecycle.

URLhttp://www.nber.org/papers/w22913.pdf
DOI10.3386/w22913
Citation Key8834