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257). However, as time moved on, the number of women in the labor force started increasing rapidly from 1960 s through 1980s before starting to slow down in 1990s. By 1999, women made 60% of the world labor force which was considered as their peak participation in the labor market. However, since 1999, women participation in the labor force has greatly declined. This can be attributed to a number of reasons, which includes; lack of education, poverty, gender biasness in the employment sector and predominance of men in white-collar jobs such as medicine, engineering and law (Vaizey, P. 57).
Nonetheless, across the world women participation in the labor force remains at a relative high level especially among women with children, and a good number of women does a full-time job all year round. The high number of women in the job market can also be attributed to the fact that women have increasingly ventured in the field of education, and a good number of them have acquired higher levels of education. Among women aged between 25-64 years of age in the labor force, the number of those who had attained a college degree tripled from the year 1970 to 2012 (Mills, P. 41).
In terms of earnings, women’s earnings in relation to the men’s earning have also been growing since the Second World War 2. During 1970s, women’s earnings were 62% of the men’s earning among women who had a full-time job during that time. In 2012, women’s earning was calculated as 81% of the men’s earning for women who had a full-time job at that time. This trend indicates that women’s population continues to increase in the labor force as time goes by. In 2012, 57.7% of women were in the labor force while men labor force percentage which has always been more than that of women was quoted at 70.5% (Vatter, P. 8).
Across the world, the women unemployment rate was 7.9 percent while that of men was 8.2 percent. The
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A country that will be evaluated in this paper in order to determine if the location is a good place for investment and development is Turkey. Turkey is located between Europe and Asia near the entrance of the Black Sea. The size of Turkey is 302,633 square miles which roughly the size of Texas.
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