Wednesday, July 6, 2011

Women Not Recovering from the Great Recession

In another sign of labor inequality between men and women, women are struggling to regain their footing in the labor market compared to men.  The Wall Street Journal reports on a Pew study:
From the end of the recession in June 2009 through May 2011, men gained 768,000 jobs and lowered their unemployment rate by 1.1 percentage points to 9.5%, according to the Pew Report. Women — who still have a better jobs situation — lost 218,000 jobs and their unemployment rate increased by 0.2 percentage points to 8.5%, according to Pew’s analysis of Labor Dept. statistics.

“The recovery from the Great Recession is the first since 1970 in which women have lost jobs even as men have gained them,” Pew writes in the report.

No comments:

Post a Comment