Women and the Economy

Women and the Economy

The official end of the Great Recession was marked by economists in June 2009 but more than twenty-four months later there has been little improvement in the jobs picture.  For women, new research shows this is particularly true.

From the start of the official recovery through May 2011, women lost 218,000 jobs while men gained 768,000.  For the first time in a recovery since 1970, women have lost jobs while men found them.  In North Carolina, a rough analysis of available annual data on employment levels for women and men show a similar picture to the nation.  The recovery period has resulted in continued loss in employment for women (1,000) on net and employment gains for men on net (13,000) from 2009 to 2010.

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Women and the Economy

This Friday marks the 91st anniversary of the ratification of the Nineteenth Amendment, granting women the full right to vote. Women’s Equality Day, celebrated on August 26th , commemorates this crucial achievement that took 72 years of persistent campaigning and, at the time, was revolutionary. Almost a century later, it’s an opportunity to celebrate women’s engagement in the public sphere and to take a good look at the work that remains to be done on the path to equality.

Despite women’s higher college graduation rates and the significant increase in labor force participation over the past decades, wage and income inequality remains.  And the challenges of the Great Recession for all workers, including women, have undermined the prospects for accessing economic opportunity and security. Read More