Wednesday, December 10, 2008

Plunging through that glass floor.


Not just a recession but a… man-cession?



"Over the last year from November 2007 to November 2008, the U.S. economy lost
2.352 million jobs, and 82% of those losses were male jobs (1.932 million) and
only 18% female jobs (430,000). Stated differently, for every female job lost,
there were 4.5 males jobs lost over the last year. "


So, why so?



"Men have the misfortune of being concentrated in the two sectors that are doing
the worst: manufacturing (70% male) and construction (88% male). Women are
concentrated in sectors that are still growing, such as education and health
care (77% female).The troubles for the American male worker, while exacerbated
by the current slump, are hardly new. The manufacturing sector is in long-term
decline, and construction goes through repeated booms and busts. Meanwhile women
are graduating from college at higher rates than men. Some analysts even argue
that men are less suited than women to the knowledge economy, which rewards
supposedly female traits such as sensitivity, intuition, and a willingness to
collaborate."

No comments: