During Women’s History Month this and every March, America recognizes the myriad contributions of women. Women control household purchasing power AND board rooms. They receive the majority of bachelor’s degrees. They comprise half the workforce. When sole breadwinners of a family, they are the workforce. The economic ascension of women is a great American success story; they are well-positioned in the economy today. Yet, women are far from fully enabled and recognized in the workplace.
In 2010, the Joint Economic Committee (JEC) of the U.S. Congress went to task on appraising women’s role in the economy. In 2016, its conclusions about women as a force in economic revitalization are just as practicable and relevant. GPO makes this far-sighted publication available through its online bookstore.
“One of our greatest assets in our effort to reinvigorate the country’s economy is the know-how and talent of American women…When we invest in women, we invest in the future of our economy.” —Congresswoman Carolyn Maloney (D-NY), then Chair of the JEC
This JEC-compiled compendium consists of 111th Congress reports and hearings on topics such as equal pay, access to benefits, and retirement security. Produced in the aftermath of the Great Recession, its intended to brief policymakers on the essential contributions of women to our economy and give credence to their broader role in economic recovery.
Of all the facts and forecasts in this comprehensive round-up, “one important issue confronting women is gender discrimination.” Congress took legislative action on gender pay equity when it passed the Lilly Ledbetter Act of 2009. Beyond that well-received stride, the report calls attention to policy impediments yet to be addressed. Underrepresentation in corporate leadership, lack of paid parental leave, and inflexible work arrangements are some of the remaining frontiers in the gender equity struggle.
Persistent imbalance not only hamstrings women, it hamstrings the economy. When given equal participation as producers and consumers and full inclusion in the labor market, women can improve their own economic status—and benefit the economy as a whole. Bottom line: America’s 162 million women and girls are an asset worth investing in.
HOW DO I OBTAIN THIS PUBLICATION?
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- Click here to purchase Invest in Women, Invest in America: A Comprehensive Review of Women in the U.S. Economy
- Click here to browse our Women’s History collection
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About the author: Our guest blogger is Chelsea Milko, Public Relations Specialist in GPO’s Public Relations Office.