Courtesy of my favorite economist, Heather Boushey, at the Center for American Progress:
In answer to the question “what about women? aren’t they losing jobs too?”, here are some December 2008 stats for a reality check:
Construction has lost 22.5 of all the jobs; manufacturing has lost 28.8% (add that together and that’s 50% of the jobs lost.)Â These are both male-dominated fields.
Within manufacturing, over 2/3 of the jobs have been lost by men. In manufacturing, at the start of the recession, women were 28.8% of all manufacturing workers. They’ve since lost 32.9% of the jobs.
Within construction, over 90% of the jobs have been lost by men.
Within the finance and insurance industries, where women actually made up almost 2/3 of the workers, women have lost 1/2 of all the jobs.
But let’s keep this in perspective: The financial industry overall has only lost 8% of the total jobs that have been lost.
Finance jobs lost are nearly 230,000 jobs out of a total of 3 million jobs lost, as of December 2008.
In real estate – the other subcategory in the financial field – women have lost over 100% of jobs, even though they made up about 1/2 of the real estate workers at the beginning of the recession.
All this underscores how important it is to look at industry-specific contexts when talking about gender and jobs. On net, the men are losing. Jobs, that is.
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