Economic progress for women has stalled due to barriers that remain of which one of the foremost is "a lack of equal opportunity and challenges to combining work and family. Today, women are making big changes to when, and whether, they have children and there is a decline in the rate of labour participation for women in the US between the ages 25-54.
Barriers that women face include the high cost of child care and a lack of workplace flexibility. Chief International Economist at Deutsche Bank, Torsten Slok said would be a good idea to have supporting institutions that can ease some of the burdens of both single parents and married couples with children. More women choose to have children later in life and this is changing their careers in significant ways. A new life cycle of women's labour force participation has emerged: They participate in the workforce at high rates in their 20s—but fewer of them are working in their 30s and early 40s, a time Goldin and Mitchell call "the sagging middle." That time out of the workforce interrupts peak earning years for women, particularly mothers; for the rest of their careers, perhaps once their children are older, they must make up for lost time and money. The number of women working well into their 60s and 70s has surged as more of them postpone retirement. Read more here: https://www.bloomberg.com/news/articles/2017-05-12/modern-motherhood-has-economists-worried