Gender: In need of a 'manly' recovery
Gender: In need of a 'manly' recovery
Often dubbed the "mancession," the latest economic downfall hit men harder than women. At its worst, the unemployment rate for men surged to 11.4% in October 2009, while for women it went no higher than 8.9%.

Much of that trend can be explained by steep job losses in manufacturing, construction and finance -- all sectors still dominated by men. Industries with a higher concentration of women -- like health care and education -- actually added jobs.

Now that job creation is revving up again, men have more to gain. America could be in for a "manly" recovery, according to Bill Rodgers, chief economist for the Heldrich Center for Workforce Development at Rutgers University.

Current unemployment rates:
Men: 9.4%
Women: 8.4%


Last updated May 17 2011: 9:06 AM ET
Join the Conversation

Meet five people who have jobs, but are still struggling to get by. More

These young job seekers graduated into the worst labor market since the Great Depression. It could affect their career prospects for years to come. More

Most Popular
 
 
 
 
 

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.