Resources Connection Inc (RCO.SG)

Women are reentering the workforce at a record pace. Here's why

Female participation rates in the US and European labor forces have surged past pre-pandemic levels. RGP CEO Kate Duchene (RGP) discusses the record pace of women, particularly women with college degrees, reentering the workforce, a driving economic force she has been very vocal and supportive of. The want for overall worker diversity is "driven by what's good for business," Duchene stipulates, adding that "bringing women back [into the workforce], especially women with college degrees that move into financial management positions, project management positions, HR-related [positions]... all of those skill sets are really needed because of retirement pressures and professional choices that incoming talent is making, especially, say, in the finance and accounting arena, where we can't get enough new college graduates into those professions right now." Duchene points out that DEI initiatives (Diversity, equity, and inclusion) by corporations are constantly under pressure and face criticism, as well as the nature of hybrid work models in the modern employment environment. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Luke Carberry Mogan.