Women Get The Shaft in Economic Recovery

This past week, the National Women’s Law Center released data about the gender gap in the economy’s recovery. Unsurprisingly, it appears that women largely lost ground with regards to employment.

You can review all of the NWLC data here, but here are some highlights. Er, lowlights:

  • During the recovery, women lost 300,000 jobs, while men gained 622,000, a gap of 922,000 jobs
  • Over the course of the recovery, women’s overall unemployment rate increased from 7.7 percent to 8.0 percent while men’s dropped from 9.8 percent to 8.7 percent
  • Long-term unemployment worsened for women during the recovery

When you add this to the fact that women still only earn 75% of what their male counterparts earn, the outlook is pretty damn dismal.

It’s also worth noting that women are more concentrated in the public sector (think municipal jobs, education), which has faced particularly heavy cuts across the board. In other words, even if/when the GOP’s attention is diverted from reproductive rights issues, it’s still screwing women by taking away our work opportunities.

 

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Categories: Money

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