jobless rates
Women lag men in labor market during recoveryPosted by RJ and Makay on Jul 15, 2011 |
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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.
rates of ten states have stubbornly remained above 10% for the first six months of this year. Amidst distressing budget problems, low tax receipts, and being pressed with high costs to maintain roads, public services and social services, jobless rates in some of these states are still worsening, with some states being so badly damaged by the recession that their unemployment rates are high enough to possibly require years to return to the “normal” rate of about 5%, which economists say is the benchmark. At the same time, other states in the country have surprisingly low unemployment numbers in comparison, with jobless rates considerably lower than the national unemployment figure of 9.5%.
