More women in US workforce than before recession

  • The number of women in the workforce in the US has reached 67.5 million, which is an improvement considering that the previous record was 67.4 million in 2008. 

    However, the number of men with jobs in 2007 were 70.9 million, which has now reduced to 69 million. According to the WSJ, the reason for this is that recession didn't adversely affect jobs in health, hospitality and education as much as it affected other sectors that men tend to work in. 

    An economist mentioned that the recession really proved that the labor market is highly segregated. Although, men lost about six million jobs, women only lost 2.7 million. 

    Tagged as: men wages, women in US workforce, recession affects, money news, business news