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A Majority Female Workforce?

Who Knew?

Men have made up 80 percent of job losses.

Is a new gender gap widening? According to the Financial Times, records show the biggest gap between male and female unemployment since collection began in 1948, as men bear the brunt of the economic downturn. Men have lost 80 percent of the overall 5.1 million jobs that have disappeared since the recession began. Male unemployment is 8.8 percent, while female unemployment is 7 percent. Since women make, on average, 20 percent less than men, it’s putting extra strain on households. “It also means that women could soon overtake men as the majority of the US labor force.”

Read it at Financial Times

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