Women May Soon Outnumber Men in Workforce

women

For the first time in history, women may outnumber men in the workforce. Job losses and women’s ever-changing roles are responsible. USA Today has the scoop:

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. At the current pace, women will become a majority of workers in October or November.

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.

Through June, men have lost 74% of the 6.4 million jobs erased since the recession began in December 2007. Men have lost more than 3 million jobs in construction and manufacturing alone.

The only parts of the economy still growing — health care, education and government — have traditionally hired mostly women. That dominance has increased in part because federal stimulus funding directed money to education, health care and state and local governments.

There may be a she-vival in the he-cession. Ideally, however, the economy will grow to a state where everyone has a shot at employment, regardless of gender.

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