Tips and Advice

Economic Recovery by the Numbers

So far, the economic recovery in the United States appears to be benefiting men more than women.
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By AmOne
Updated on: November 10th, 2022

approved employment application The recession saw employment among men plummet by more than 4.8 million between November 2007 and June 2009, due to massive job losses in male-dominated industries such as construction, manufacturing, and financial services. In contrast, the number of employed women fell by 1.8 million during the same period. With the economic recovery, 2.4 million jobs have been created since June 2009, of those jobs men have been hired for 74.7 percent of them.

In the last year, unemployment has dropped from 9.7 percent to 8.4 percent for men, but for women, the drop in unemployment has been much less dramatic: 8.5 percent to 8.0 percent. Industries heavily dominated by women are continuing to cut jobs, such as government, where women represent 56.7 percent of the 19.68 million Americans employed in the sector. 58.7 of local government workers are now women, the education area has been hit the hardest during downsizing. In June 2009, women accounted for 60.4 percent of workers in local government. Since June 2011 1.58 million women have become employed and men have gained 1.49 million jobs.

(Source: Challenger, Gray & Christmas, Inc. with data provided by the U.S. Bureau of Labor Statistics)