Millennial women might be the driving force for the economy’s future. Women are not only exceeding men in terms of increasing their participation in the workforce, but they are also securing more productive roles thanks to their advanced levels of education. A new report from Ned Davis Research found that women in their late 20s and early 30s entering the labor market has hit a record high in a handful of developed economies from 2023. The increasing number of women joining the workforce could counterbalance the negative effects of the world’s aging population, making the GDP of the U.S. increase by 3%, according to the report’s calculations. (Fortune)
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