The Great Mancession of 2008-2009 Continues As A New Jobless Rate Gender Gap is Set in June
Further, the 2.4% adult male-female jobless rate gap sets a new record for the largest gap in either direction. There was a 2.3% female-male jobless rate gap in 1967 and again in 1978 when female unemployment rate was higher than the male rate, and a 2.3% male-female jobless rate gap in April and May of this year, but the male-female 2.4% gap in June is the highest on record (BLS data goes back to 1948).
In other words, the current jobless rate gap is historically unprecedented; there has never been a time since at least WWII when there was such an imbalance in unemployment rates by gender. Welcome to the Great Mancession of 2008-2009.