Monday, April 20, 2009

The difference between male and female unemployment in the United States reached a record.

The gap between male and female unemployment in the United States reached a record level since 1948, when the Ministry of Labor started to keep statistics. This writes the newspaper The Financial Times. The unemployment rate for men since the beginning of a recession in December 2007 reached 8.8 percent, and among women - 7 per cent. First, these figures hardly differed and is about five percent each.
Since the beginning of a recession in the U.S. economy has lost 5.1 million jobs. Of these, 80 percent were men. This means that soon the majority of employed Americans would be women. According to the FT, if this trend continues, most American families have to live off women, who traditionally earn an average of 20 per cent less than men. It threatens a decline in living standards in the country.
The emergence of this imbalance was due to the fact that the job cuts began in the sectors that are traditionally employed men. In particular, we are talking about building, where 9 out of 10 workers - men, and industry, where men are 7 out of 10 employees. Women, in turn, are generally in health and education. In these sectors, where the reduction was minimal, 75 per cent - are women.
In early April 2009 the U.S. Department of Labor announced that in March this year, the unemployment rate in the country reached 8.5 percent. A month earlier the rate was 8.1 percent. Within a month of work lost 694 thousand people, and the total number of unemployed amounted to 13.2 million.

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