Lose more ground does not begin to describe it , How about Depressing , Disgusting , Disturbing ... I lucked out with my current job , unfortunately I had to leave my family back here in Michigan while I work in Texas ! These are extremely stressful times ! Most everyone I know in Michigan are either not working , barely working , or have relocated to other states ! 4.5 Million jobs lost for males , Mr. Obama ! Manufacturing jobs are gone , Mr. Obama ! China is perched to take over the U.S. , Mr. Obama ! Now would be the time to do something ! Mr. Obama !
reuters....
One statistic that stands out in America's recession-stung economy is the unemployment rate for adult men: in April for the second month in a row it surged ahead of the national average to 9.4 percent versus 8.9 percent for all workers. The jobless rate for adult women was 7.1 percent.
The reasons are clear: male-heavy sectors such as construction and manufacturing have been hard hit. But the implications may be dire for the broader economy and hamper the recovery as families that once had male breadwinners struggle.
"In the 2001 recession, 51 percent of all job losses were for men. It was evenly split. But in this recession 80 percent of the jobs that have been lost have been men's," said Andrew Sum, a labor economics professor at Northeastern University who has studied this issue in detail.
Men also incurred about 80 percent of the job losses in the 1990-91 recession, but Sum said by his calculations the numbers this time were dramatically different. In the 1990-91 recession, men lost 1.037 million jobs. They have lost 4.5 million to date in this one
No comments:
Post a Comment