TL;DR
Women's return to the workforce is fueling economic growth, with women gaining more jobs than men for four consecutive months. Lightbridge Academy has seen a steady increase in enrollment and a 50% increase in teaching job applications as more mothers return to work.
American women are returning to the workforce, helping to fuel economic growth amidst high inflation and rising interest rates, according to a recent article published in The Wall Street Journal.
For four consecutive months, women have gained more jobs than men, holding over 49.8% of all nonfarm jobs. Factors such as higher pay, remote work adoption and financial pressures are encouraging more women to seek employment. Women now hold 66% of jobs in the leisure, hospitality, private education, health and other services sectors. The recent labor-force recovery has been particularly significant among mothers, with the share of mothers with school-age children employed or seeking work surpassing January 2020 levels.
Lightbridge Academy® CEO Gigi Schweikert told WSJ that the early childhood education and child care franchise has seen a steady increase in enrollment over the past few months as more mothers return to the workforce. Additionally, applications for teaching jobs at Lightbridge Academy are up about 50% from 2020 and the first few months of 2021, when labor shortages resulted in shortened hours.
In this story
This story was originally published in 1851 Franchise on April 26, 2023. Burnaze summarizes and links to the original reporting.
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