Unemployment: Men Vs. Women

I thought this was an arresting chart. It shows the male unemployment rate (in blue) compared with the female unemployment rate (in red). In a recession, the rate for males typically rises higher than the rate for females. Note what happened in the early 1990s.

In this latest recession, often called the “man-cession,” the unemployment rate for men soared much higher than women. I think that’s probably due to the recession hitting sectors like construction and homebuilders extra hard.

Only now is the jobless rate for males coming back to parity to the rate for women.

Posted by on January 24th, 2012 at 12:03 pm


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