PS on older women working, and Shakespeare
A PS to yesterday’s post, where I pointed out that women aged 45+ are most often found to be breadwinners. Kimberley Botwright of the OECD’s Public Affairs directorate has been running a rather improbably but delightful series of blogs linking Shakespeare plays to current OECD analyses. So far we’ve had Merchant of Venice used to explore issues of financial stability, and Romeo & Juliet for policies on youth and risk.
Her post on Love’s Labour’s Lost led me to data on labour market participation. If you toggle it to show the figures on employment rates amongst older women, you can see that there’s a pretty strong relation between them and the relative prosperity of the country: wealthier countries have more of their older women working. My bet is that this overall relation will get stronger over time. But what will happen to the earnings trajectories of the individual women, whose qualifications have been improving so steeply? That would involve a rather different kind of bet.