{"id":380706,"date":"2010-03-02T13:59:22","date_gmt":"2010-03-02T18:59:22","guid":{"rendered":"http:\/\/blogs.wsj.com\/economics\/2010\/03\/02\/explaining-the-unemployment-gender-gap\/"},"modified":"2010-03-02T13:59:22","modified_gmt":"2010-03-02T18:59:22","slug":"explaining-the-unemployment-gender-gap","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/380706","title":{"rendered":"Explaining the Unemployment Gender Gap"},"content":{"rendered":"

The recession hit men harder than women. The key reasons, Federal Reserve<\/strong> researchers say in a study released Tuesday<\/a>: Male-dominated industries took a bigger hit in the downturn, and a disproportionate share of men who reentered the labor market failed to find a job.<\/p>\n

The jobless rate was roughly the same for men and women — around 5% — when the recession started. By August 2009, however, the gap was almost three percentage points: 11% for men and 8.3% for women. That difference was the largest in the postwar era.<\/p>\n

Meanwhile, payroll employment declined 8.2% for men but only 3.9% for women from December 2007 to January 2010, authors Ayşeg\u00fcl Şahin<\/strong> and Joseph Song<\/strong> of the New York Fed<\/strong> and Bart Hobijn<\/strong> of the San Francisco Fed<\/strong> found. “As a consequence, for the first time on record, the number of women on U.S. payrolls closely rivals the number of men,” they write.<\/p>\n

The authors trace the disparity to the the fact that job losses in the recession were concentrated in male-dominated, goods-producing industries such as construction and manufacturing.\u00a0 Among the industries that fared better during the recession were health care and education, in which women have heavier representation than men.<\/p>\n

In addition, during the recession many men who dropped out of the labor force early in the downturn “became less willing to sit out the weak labor market and instead renewed their search for work,” the authors write. Also, they say the depressed economy likely prompted retirees and students to begin job searches — pushing up the unemployment rate — because they had run down their liquid savings or saw a drop in their home equity or retirement funds.<\/p>\n

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The recession hit men harder than women. The key reasons, Federal Reserve researchers say in a study released Tuesday: Male-dominated industries took a bigger hit in the downturn, and a disproportionate share of men who reentered the labor market failed to find a job. The jobless rate was roughly the same for men and women […]<\/p>\n","protected":false},"author":850,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-380706","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/380706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/850"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=380706"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/380706\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=380706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=380706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=380706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}