Great Recession harder on men?
Natalee Roan
August 18th, 2009In this article, Time declares that this recession is going much easier on women, mainly because it has hit male-dominated industries like construction and manufacturing. I'll add banking to this list. In contrast, women dominate healthcare, education and government, the sectors least hit (thus far). At one point this winter, 4 men were getting laid off for every woman. The article fails to mention that women are sometimes retained because their labor cost is still ultimately lower than that of their male counterparts. Finally, an advantage to being paid $0.76 on the dollar.
