Forget the 'she-cession' - women will redefine the labour market

Data shows share performance of firms can be 50% higher when there are more women leaders.

Female students now represent 59.5 per cent of all college attendees in the US. PHOTO: BLOOMBERG
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(FINANCIAL TIMES) Are we moving towards the feminisation of work? And could this lead to a more balanced workplace and economy? I believe the answer to both of these questions is "yes".

The idea seems antithetical in the face of the "she-cession", in which women dropped out of the workforce during the coronavirus pandemic at higher rates than men in order to buffer a sudden loss of childcare and shoulder the burdens of homeschooling.

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