Welcome to Econ 325 Economics of Gender

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Welcome to Econ 325 Economics of Gender

• Week 4
• Beginning February 14

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Wednesday, February 14

• Paper topic is due Friday
• Gender differences in a field of study
• Gender differences in an occupation
• Gender differences in a country of your choice
• Gender differences in programs such as welfare,
  pension plans, social security, ... etc.
• I need
• A complete description of your topic
• At least 2 resources
• At least one source will be where you will get
  your numbers (empirical evidence) from
• You will lose points if you have to change your
  topic because of lack of data

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Leadership Q A

• Steve Forbes
• Next Tuesday (Feb. 20)
• 200-300 p.m.
• McDonough Auditorium
• I will give bonus points to the best questions
• Characteristics of a good question
• Relevant to Forbes economic proposals
• Well researched
• Well articulated

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Return and discuss Exam 1

• Note
• If comparative advantage
• then benefit from household formation. (always)
• Due to the small size of this class
• I will not publish your grades on line.

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For Friday

• Paper
• Study PP 85-96
• ICA
• Read
• The rest of Chapter 4

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Friday, February 16

• Collect paper
• Make an appointment to talk to me about your
  paper
• Next task
• Observed similarities and/or differences
• Due March 9
• 20 points
• Study Chapter 4

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Leadership Q A

• Steve Forbes
• Next Tuesday (Feb. 20)
• 200-300 p.m.
• McDonough Auditorium
• I will give bonus points to the best questions
• Characteristics of a good question
• Relevant to Forbes economic proposals
• Well researched
• Well articulated

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ICAAre the following statements true or false?

• 1) The labor force consists of employed
  workers only.
• 2) According to the U.S. Census Bureau you
  must work 35 hours or more per week in order to
  be considered a full-time worker.
• 3) Workers who are on strike are not
  considered to be employed by the U.S. Census
  Bureau.
• 4) The U.S. Census Bureau classifies those
  who would like to work but have given up
  searching as unemployed

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The Labor Force (Chapter 4)

• Who is Employed (E)?
• 16 or older
• Worked for pay or profit at least one hour /week
• Or, had a job from which he/she was temporarily
  absent
• Or, worked in a family business for 15 hours per
  week or more without pay

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Who is unemployed (U)

• 16 or older
• and does not have a job
• and actively looked for a job within four weeks
  before the week of survey

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Labor Force (LF)

• LF U E
• Labor Force Participation Rate (LFPR)
• LFPR LF /Over 16 population
• Unemployment Rate (UR)
• UR U/LF
• Employment Rate (ER)
• ER E/LF

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Example

• During the reference week
• Population of adult women 20,000
• 5000 are employed full-time
• 2000 are employed part-time
• 4000 are looking for job
• LFPR among women ?
• UR among women ?

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Trends in Labor Force Participation

• Table 4.1
• Figure 4.2
• Table 4.2
• Figure 4.3
• Figure 4.4

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Other definitions

• Labor Force Experience Rate (LFER)
• percentage of adult individuals who were in
  labor force at some time during the year
• Labor Force Turnover Rate (LFTR)
• LFTR (LFER LFPR ) / LFPR

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Example (Continued)

• During the entire year
• Population of adult women 20,000
• 12,000 were employed or actively looked for a job
  at some point of time during the year
• LFER ?
• LFTR ?