The "Man-Cession" Worsens; Male (9.5%) - Female (7.5%) Jobless Rate Gap of 2% is Highest in History


    According to today's BLS report (Table A-1, Household Data), the U.S. economy has lost 5.76 million jobs since Dec. 2007. Further analysis shows that 79% of the job losses (4.551 million) were jobs held by males, compared to female jobs losses of 1,209,000, or 21% of the total (see top chart above). Of the 860,000 March jobs decline (household data), 84% of the job losses were male jobs (724,000), compared to a 136,000 job loss for females (16% of total).

    Further, the March unemployment rate for men was 9.5% vs. 7.5% for women, and the 2% male-female jobless rate gap is at an all-time historical high, exceeding the previous record difference of 1.6% in January 2009.

    See today's Chicago Tribune story "
    Men Take Lead at the Unemployment Line."

Post Title

The "Man-Cession" Worsens; Male (9.5%) - Female (7.5%) Jobless Rate Gap of 2% is Highest in History


Post URL

https://manufacturing-holdings.blogspot.com/2009/04/worsens-male-95-female-75-jobless-rate.html


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