Professor Mark J. Perry's Blog for Economics and Finance
According to today's BLS labor report, the gap between the male jobless rate (8.3%) and female jobless rate (6.7%) widened to 1.6%, which is the largest male-female jobless rate gap in BLS history (back to 1948). 
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
4 Comments:
Classical economic unemployment theory - women are paid less to employ, so they are more in demand by corporations. And Keynesians say Classical doesn't explain unemployment!
The statistics will be good news for men and their lawyers:
http://duh-no.blogspot.com/2009/01/obama-signs-first-piece-of-legislation.html
Actually most jobs have been lost in manufacturing
Industry Job Losses Percent of Industry
Construction 857,000 6.2%
Manufacturing 1,113,000 14.6%
Retail 512,000 3.3%
Total 3,572,000 2.6%
http://www.calculatedriskblog.com/2009/02/employment-diffusion-index.html
I heard on the news that if the unemployment trend for men continues that it may be the first time in history that the number of women in the workforce may outnumber the amount of men in the workforce. I wonder if this is true? A quick internet search said that it was back in the 1940's that this happened.
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