I don't think you're being sexist. I think that's a very good question. If we roughly double the supply of labor, but have roughly the same number of jobs - what would happen? Wages would naturally go down. It's obviously not that simple, but there's good reason to believe that the entry of more women in to the labor force put downward pressure on wages.
What will be interesting is if the more recent trend of young men leaving the labor force will put upward pressure on wages, or if the jobs will just disappear.