•

Natural-born Recession Busters: Nine Reasons Why Women Are Faring Better Than Men in the Down Economy

Posted in Business
January 27, 2012

Natural-born Recession Busters: Nine Reasons Why Women Are Faring Better Than Men in the Down Economy

Some statistics are showing that the recent recession has been harder on men than women. Author Roxanne Rivera explains why she thinks women might be better at busting through the recession than men.  

The recession has made 2009 a difficult year for many Americans. But has it affected men more negatively than women? Recent statistics from the Bureau of Labor Statistics might indicate as much. The BLS recently released statistics showing that 78 percent of jobs lost during the recession were held by men, and that women's wages have risen by 1.2 percent more than men's over the past two years.

These numbers have some calling the recent recession a "he-cession," while others point out that these numbers could be interpreted in a variety of ways. For example, more jobs may have been lost by men because many of the jobs that have been cut were in the manufacturing and construction industries. And women's wages may have risen at a faster rate, but most women are still making less than the men doing the same jobs as them.

But Roxanne Rivera says that if, indeed, the recession is a "he-cession," the true indicators are not the numbers themselves but how well women have adjusted to the challenges presented by the down economy.

"I don't know if you can say to any degree of certainty that either gender has done better or worse than the other during the recession," says Rivera, author of the new book There's No Crying in Business: How Women Can Succeed in Male-Dominated Industries (Palgrave Macmillan, December 2009, ISBN: Rate this Article:

© 2008 9 nine is powered by WordPress