Women now outnumber men in total employment but still fall far short of reaching economic equality. A new report from Indeed Hiring Lab says it’s only the third time in history that more women are employed than men, largely because of the rapid growth in women-dominated fields including health care and education, as well as declining labor force participation among men. It notes, however, that women are still concentrated in lower-paying industries as structural inequalities remain largely intact. “That distinction matters enormously for how employers should be thinking about the decade ahead,” the report, says, adding that “recruiting pipelines and assumptions built around a labor market that heavily favors male participation will increasingly misread the available talent pool.”
