This paper provides a comparison of the incidence and composition of female employment both in the EU and in the US. Despite a signi"cant increase in female labour market participation in the EU, about 50% of the di!erence between the employment rates in the US and the EU can still be attributed to di!erences in the educational attainments and the employment rates of women aged 25}54. We highlight the main features of female employment in both areas, paying particular attention to the di!erences across age cohorts and educational levels. Our main "ndings are as follows: (i) the educational level of the EU female population is slowly converging to that of the US across age cohorts, (ii) the employment rates of less educated women are much lower in the EU than in the US (with the exceptions of the Scandinavian countries) even for women aged 25}34, and (iii) occupational segregation is lower for the younger highly educated women who seem to be entering more typically male occupations and less typically female occupations, although at a higher rate in the US than in the EU.2001 Elsevier Science B.V. All rights reserved.
1In most OECD countries, the proportion of women aged 25}29 years holding a university degree has nowadays overcome that for men within the same age cohort.This di!erential can be further broken down into about 10% points due to lower participation and 4% points due to higher unemployment. In 1999, the employment rate of women of 15}64 years of age was 53.1% in the EU, 67.6% in the US; participation rates were 59.5% and 70.7%, respectively, while unemployment rates were 10.9% and 4.4%, respectively.