Women overtook men to hold the majority of U.S. jobs for the first time in a decade, while employers added positions for a record 10th straight year, pointing to a growing and dynamic economy heading into 2020.<\/p>\n
The number of women on nonfarm payrolls exceeded men in December for the first time since mid-2010, the Labor Department said Friday. Women held 50.04% of jobs last month, surpassing men on payrolls by 109,000.<\/p>\n
\u201cIncreasingly, the fortunes of women in the labor market will determine the overall outcomes of the labor market because they will be the predominant share,\u201d said Marianne Wanamaker, a labor economist at the University of Tennessee, Knoxville, and former adviser to President Trump.<\/p>\n
Overall, the economy added a seasonally adjusted 145,000 jobs last month, and unemployment stayed at a 50-year low of 3.5%. In one dark spot, wages advanced 2.9% from a year earlier, the smallest annual gain since July 2018. Stock-market indexes finished lower Friday after rising earlier in the day, with the Dow Jones Industrial Average briefly crossing the 29000 mark.”<\/p>\n
Read it all<\/a>.<\/p>\n As Jobs Cap 10 Years of Gains, Women Are Workforce Majority https:\/\/t.co\/i66bpAlzSQ<\/a> via @WSJ<\/a><\/p>\n \u2014 Mitchell Owens, CFP (@MitchOFInc) January 10, 2020<\/a><\/p><\/blockquote>\n\n