This booklet summarizes the available information on the reasons for and the extent of the effects of declining enrollment and inflation-strained budgets on women and minorities in education. The combined impact of inflation and recession has led to the reassessment of priorities and the curtailment of services known in elementary and secondary education, as well as in postsecondary education, as retrenchment. Although information in some areas is incomplete, the data contained in this report indicate trends in reduction in force, the granting of tenure, unemployment, collective bargaining, and the demand for teachers, as well as employment trends among women and minorities. The authors conclude that more successful remedies to eliminate inequities affecting women and minorities must be found. (Author/DS)