Female Execs Are Exhausted, Frustrated and Heading for the Exits

Exodus of Gen X women leaders is a setback for the decades-long effort to diversify corporate America’s top ranks.

Illustration: Kati Szilágyi for Bloomberg Businessweek
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The data alarmed employers and economists as the shock waves of the pandemic hit the US. Women were leaving their jobs in droves. By the end of 2020, their share of the labor force had fallen to its lowest level since 1987.

Two years later, the female participation rate is steadily returning to pre-pandemic levels. Problem solved? Not exactly.