20,000 Fewer Women Held Jobs in December
(CNSNews.com) – The number of employed women 16 and over declined by 20,000 from November to December, according to data released today by the Bureau of Labor Statistics.
The number of women employed dropped from 67,882,000 in November to 67,862,000 in December.
Additionally, the number of women who are not in the labor force climbed to a record high of 55,028,000 last month. That was up slightly from the 55,026,000 women who were not in the labor force in October, and up 203,000 from 54,825,000 women who were not in the labor force in November.
In December, according to BLS, the labor force participation rate for women was 56.9 percent, marginally down from 57.0 percent in November but up from 56.8 percent in October. The unemployment rate for women also decreased from 6.7 percent in November to 6.5 percent in December.
The labor force participation rate, as calculated by the Bureau of Labor Statistics, is based on the civilian non-institutional population, which is the number of people in the country 16 or older who are not in the military or an institution. The labor force participation rate is the percentage of this population that either has a job or actively sought one in the last four weeks.
In November, according to BLS, the female civilian labor force was 72,730,000. In December it dropped to 72,614,000—a decline of 116,000.