2008 recession
Men gain more jobs than women since recessionPosted by RJ and Makay on Apr 03, 2012 |
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Men lost more than twice as many jobs as women during the great recession of 2008, according to the U.S. Bureau of Labor Statistics (BLS). Since the recession ended in June 2009, men have landed 88% of non-farm payroll jobs. The unemployment rate for males has dropped 2.3% since the end of the recession, to 8.3% in February 2012 from 10.6% in June 2009. It has stayed flat for women, dipping to 8.2% from 8.3% during the same period.
Women have lost ground to men in the labor market following the 2008-2009 recession, according to a recently published Pew Research Center report. Since the end of the recession in June 2009, men have gained 768,000 jobs while women have lost 218,000 jobs. It marks the first time since the 1960s that men have outgained women in the labor market subsequent to an economic contraction.
Financial sector employment has risen above 2001 levels in 21 states, indicating that the banking industry is regaining some of its past luster, according to an On Numbers analysis of new Bureau of Labor Statistics data.
