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Women are on the verge of outnumbering men in the workforce for the first time, a historic reversal caused by long-term changes in women's roles and massive job losses for men during this recession. Women held 49.83% of the nation's 132 million jobs in June and they're gaining the vast majority of jobs in the few sectors of the economy that are growing, according to the most recent numbers available from the Bureau of Labor Statistics.
The change reflects the growing importance of women as wage earners, but it doesn't show full equality, Hartmann says. On average, women work fewer hours than men, hold more part-time jobs and earn 77% of what men make, she says. Men also still dominate higher-paying executive ranks
There is no telling whether women would have made a better job of managing the economy. But according to recent research 90% of executives agreed that a culture encouraging excessive risk-taking contributed to the financial crisis. More than 80% believe failure to understand risk was fuelled by a macho culture, while 80% thought gender balance affects culture, and three quarters believe senior executives advocating caution would be regarded as wimpish. If these views are right, then more women at the top might have been useful.
Women are on the verge of outnumbering men in the workforce for the first time, a historic reversal caused by long-term changes in women's roles and massive job losses for men during this recession.
ReplyDeleteWomen held 49.83% of the nation's 132 million jobs in June and they're gaining the vast majority of jobs in the few sectors of the economy that are growing, according to the most recent numbers available from the Bureau of Labor Statistics.
The change reflects the growing importance of women as wage earners, but it doesn't show full equality, Hartmann says. On average, women work fewer hours than men, hold more part-time jobs and earn 77% of what men make, she says. Men also still dominate higher-paying executive ranks
There is no telling whether women would have made a better job of managing the economy. But according to recent research 90% of executives agreed that a culture encouraging excessive risk-taking contributed to the financial crisis. More than 80% believe failure to understand risk was fuelled by a macho culture, while 80% thought gender balance affects culture, and three quarters believe senior executives advocating caution would be regarded as wimpish. If these views are right, then more women at the top might have been useful.
ReplyDeleteGREAT STATISTICS TORI!!!!
ReplyDelete