Posted on 07/12/2009 8:53:33 AM PDT by Lorianne
What is a mancession, you ask? It's a recession that hurts men much more than women, and we are allegedly in the worst mancession in recent history. Eighty percent of job losses in the last two years were among men, said AEI scholar Christina Hoff Summers, and it could get worse.
Here some graphs provided by Mark Perry, an economist from the University of Michigan who coined the term mancession that, with any luck, is not long for our world. Unfortunately this trend doesn't look to be reversing itself any time soon.
How do we explain this? The decline in manufacturing jobs is certainly one thing. Greg Mankiw adds another likely explanation: Residential construction, which boomed during the early part of this decade, has been eviscerated in the housing slump. Nine out of ten construction workers are male, and seven out of ten manufacturing workers are men. Those sectors alone have lost more than 2.5 million jobs.
On the other hand, many women are in industries that aren't facing such devastating, and possibly permanent, upheaval. I keep coming back to this graph about net jobs created in the last ten years in the health and education sectors:
(Excerpt) Read more at business.theatlantic.com ...
Wonder if this skews ethnically (e.g., “Latino” immigrant construction workers)?
“Hmmm. Did you leave off the sarcasm tag?”
It’s a cliché.
I didn't expect that you would...those 'kids' are now in their mid-60's or older.
All of the women have already lost their high-paying jobs when the textile and garment industries went abroad back in the 70’s.
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