Business, 08.11.2019 23:31 xojade

The bureau of labor statistics defines the labor-force participation rate as the number of people in the labor force (those that either have jobs or are actively looking for jobs) as a percentage of the working-age population. the organization for economic cooperation and development defines the total fertility rate in a specific year as the total number of children that would be born to each woman if she were to live to the end of her child-bearing years. given the two definitions above, let's look at the relationship between the labor-force participation rate and the total fertility rate for highly educated women with high earning potential. you would expect that the labor-force participation rate among highly educated women would be , since the opportunity cost of not working for highly educated women is that of all women. you would expect that the total fertility rate among highly educated women would be educated women, since the opportunity cost of staying home to raise children is for highly educated women.

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