Friday, January 18, 2013

Women and men are now even in the jobs recovery


Forget the "mancession" or the "he-covery." Men suffered the biggest job losses in the financial crisis, and also gained the most post-recession jobs.
But now, men and women have equal footing in the recovery.
As of November, both genders have gained back half the jobs they lost in the financial crisis, according to Labor Department data.
The recession hit male-dominated industries like construction and manufacturing, far harder than female-dominated industries like health care and education. As a result, men lost 6.2 million jobs between early 2007 and 2010, accounting for two thirds of all the jobs lost in the crisis.
Men have since gained back 3.1 million, or roughly 50%, of all the jobs they lost. Their biggest gains have been in professional jobs, factories making long-lasting goods like autos and machinery, and retail.
To read the full article click here 
Source: Annalyn Kurtz , http://economy.money.cnn.com 

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