More Single Women in Workforce Than Ever Before – Economic Impact is Profound

More Single Women in Workforce Than Ever Before – Economic Impact is Profound

By 2030, 45% of working women aged 25 to 44 in the US will be single, up from 41% as of 2018. Never before has the share been so high, according to research by Morgan Stanley. And as the workforce changes, corporations will have to rethink how they can support employees, especially as it relates to accessing care for young children and aging parents. “Organizations need to stop assuming that there’s one kind of traditional family unit that needs one kind of support,” said Pam Jeffords, partner and diversity & inclusion leader at PwC. Working women contribute more than $7 trillion to America’s economy, Morgan Stanley found.

 

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