The unemployment gender gap during the 2007 recession
AbstractWomen fared decidedly better than men during the most recent recession. By August 2009, the unemployment rate for men had hit 11.0 percent, while that for women held at 8.3 percent. This 2.7 percentage point unemployment gender gap--the largest in the postwar era--appears to reflect two factors: first, men were much more heavily represented in the industries that suffered the most during the downturn. Second, there was a much sharper increase in the percentage of men who--prompted, perhaps, by a decline in household liquidity--rejoined the labor force but failed to find a job.
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Bibliographic InfoArticle provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.
Volume (Year): 16 (2010)
Issue (Month): Feb ()
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