Insights from Claudia Goldin's research on women’s labour market outcomes

12-10-2023
siasat.com

Claudia Goldin's Nobel Prize-winning research highlighted the nuanced dynamics of women's labour market outcomes, revealing a U-shaped relationship between female workforce participation and economic growth. In India, this U-curve trend mirrors declining female labour force participation rates (FLPR), especially in rural areas, despite post-2018 rises attributed to increased non-farm job opportunities. Contrary to common belief, the decline isn't solely due to voluntary exits but influenced by demand-side factors like insufficient job opportunities for women. Goldin's findings stress the need to address societal biases and institutional barriers while promoting female education to enhance FLPR amid economic growth in India.

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