Job Growth During the Recovery, Linda Levine, Specialist in Labor Economics – October 16, 2012
“During the recession, women lost relatively fewer jobs than men in part because the construction and manufacturing industries predominantly employ men. During the recovery, women have gained relatively fewer jobs than men in part because women are a substantial presence in the occupations (e.g., teachers) that account for much of the local and state government workforces. The oldest and youngest workers have fared quite differently since December 2007. Workers aged 55 and older experienced job growth during the recession and recovery. The youngest age group (16- to 19-year olds) experienced the largest percentage declines in employment during the recession and recovery. The employment of Hispanic workers returned fairly quickly to its level at the recessions start, despite the ethnic groups concentration in the hard-hit construction industry. Hispanic employment also is concentrated in the leisure and hospitality industry group, which had recouped all its job losses by early 2012. The lower a workers educational attainment, the worse they typically fared. As of September 2012, workers with less than 12 years of schooling or with a high school diploma at most did not regain all the jobs they lost since the recessions onset. In contrast, employment among workers with postsecondary education was higher in September 2012 than in December 2007.”
Sorry, comments are closed for this post.