We are currently in the grip of one of the worst recessions in modern history. The U.S. economy has shed 6 million jobs since the beginning of the recession. The unemployment rate hit 9.4% in May as 345,000 jobs disappeared, marking the 17th straight month of job loss. But one interesting feature is how the job losses are spread across gender lines. Male unemployment rose to 10.5% in May, compared to 8% for women. According to the Bureau of Labor Statistics, 82% of the job losses have fallen on men, as male-dominated economic sectors like construction and manufacturing contract faster than female-dominated ones like health care and education. This will only get worse, as Princeton economist Alan Blinder estimates that between 28 and 42 million more jobs in the U.S. are at risk of outsourcing, once again disproportionately held by men. What this implies is that women are poised to surpass men for the first time on the nation’s payrolls, which is a remarkable milestone on the journey that started with WWII, when women came out of their homes and joined the labor force to take the places of men who left to fight.
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