Interesting labor force data from Carrie Lukas of the Independent Women’s Forum and Elaine Parker of the Job Creators Network Foundation. Writing at thehill.com, the two authors make the case for federal tax cuts/reform and its impact on women.
Encouraging more women to join the workforce would have huge economic impacts. You see, as more women decide to become employed or start their own business, they will increase our economic output. As a general rule of thumb, more people working equals more goods and services created. In fact, the World Economic Forum estimates that the percentage growth rate for U.S. GDP would hit double digits — compared to the current rate of 2.6 percent — if more women entered the labor force and the economic gender gap ceased to exist.
Read the full story here.