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Women Working LongerIncreased Employment at Older Ages$
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Claudia Goldin and Lawrence F. Katz

Print publication date: 2018

Print ISBN-13: 9780226532509

Published to Chicago Scholarship Online: September 2018

DOI: 10.7208/chicago/9780226532646.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 17 May 2022

Women Working Longer

Women Working Longer

Labor Market Implications of Providing Family Care

(p.157) 5 Women Working Longer
Women Working Longer

Sean Fahle

Kathleen McGarry

University of Chicago Press

Women’s labor force participation rates have risen dramatically over the past several decades. Much has been made of the increase in the numbers of women with young children now participating in the labor market despite the demands on their time at home. Older women face similar competing demands on their time in the form of care for elderly family members. Due to increasing life expectancy, women now in their 50s and 60s are more likely than ever to have a living parent and are thus more likely to be providing care. We analyze the prevalence of the provision of long-term care for a representative sample of women in their pre-retirement years and look to see how this caregiving affects employment. We find a significant positive trend across cohorts in the need to provide care and a significant effect of caregiving on work, with caregiving reducing the probability of work by just over 8 percent and the number of hours worked by 4 percent. Our cohort analysis points to a growing impact of caregiving over time and suggests that the lack of affordable long-term care options can have a substantial impact on employment rates.

Keywords:   caregiving, informal care, long-term care, retirement, female labor supply

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