News / Economy

Women Lead US Economic Recovery

Women Lead US Economic Recoveryi
X
Jim Randle
July 31, 2014 9:52 PM
The U.S. unemployment situation is improving gradually but unevenly, with women, especially, recovering the jobs they lost in the recession and adding more. Hispanic Americans were hit harder by the downturn and are recovering more slowly. VOA’s Jim Randle spoke with employment analysts to find out why.

The U.S. unemployment situation is improving gradually but unevenly, with women, especially, recovering the jobs they lost in the recession and adding more. Hispanic Americans were hit harder by the downturn and are recovering more slowly.  

The recession hit hard in the male-dominated industries of manufacturing and construction, and these sectors recovered more slowly than the rest of the economy.  That’s why men now hold hundreds of thousands fewer jobs across the economy than they did before the financial crisis.

Jeffrey Hayes studies this and other workforce issues at the Institute for Women's Policy Research in Washington.

“Recession did start off with large drops in some fairly male-dominated fields, construction, there was a housing crisis, and construction did drop off.   [During the] finance crisis, some of the finance jobs were again male-dominated, did go away," said Hayes.

Large numbers of women work in education, health care, and business services, and the recession hit these areas later than the rest of the economy.

The female-dominated sectors also recovered more quickly than construction and manufacturing.  IWPR research shows women now hold more jobs in the U.S. economy than they did before the financial crisis.

The situation is more difficult for the 23 million Hispanics in the U.S. workforce. 

Hispanics historically have had a higher unemployment rate than other workers.  They were badly hurt by the recession, and are recovering more slowly than other segments of the economy, according to National Council of La Raza analyst Alicia Criado.

“A majority of the jobs that have been created coming out of the recession, have been low-wage jobs, or jobs that don’t keep workers out of poverty and that is definitely the case for millions of Latino workers, who are increasingly filling jobs in the low-wage sector," she said.

The National Council of La Raza works for civil rights for Hispanics in the U.S.  It supports raising the minimum wage as a way to help Hispanics escape poverty.  

Criado says Hispanics are a fast-growing part of the U.S. population and will be nearly one-third of the work force by the year 2050.  That, she says, makes it urgent to improve access to education and find other ways to help this part of the population reach its economic potential.

And while women may be gaining more jobs than their male counterparts, a recent study says women still make about 80 cents for every dollar earned by men. 

You May Like

Turkey's Controversial Reform Bill Giving Investors Jitters

Homeland security reform bill will give police new powers in search, seizure, detention and arrests, while restricting the rights of suspects, their attorneys More

Audio Slideshow In Kenyan Prison, Good Grades Are Path to Freedom

Some inmates who get high marks could see their sentences commuted to non-custodial status More

'Rumble in the Jungle' Turns 40

'The Champ' knocked Foreman out to regain crown he had lost 7 years earlier when US government accused him of draft-dodging and boxing officials revoked his license More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Victorious Secularists Face Challenge to Form Government in Tunisiai
X
Henry Ridgwell
October 30, 2014 11:39 PM
Official results from Tunisia show the Islamist Ennahda party has failed to win the second free election since the so-called "Arab Spring" uprising in 2011. Ennahda, which handed power to a government of technocrats pending the elections, lost out to the secular party Nidaa Tounes. Henry Ridgwell reports from London that the relatively peaceful poll offers some hope in a volatile region.
Video

Video Victorious Secularists Face Challenge to Form Government in Tunisia

Official results from Tunisia show the Islamist Ennahda party has failed to win the second free election since the so-called "Arab Spring" uprising in 2011. Ennahda, which handed power to a government of technocrats pending the elections, lost out to the secular party Nidaa Tounes. Henry Ridgwell reports from London that the relatively peaceful poll offers some hope in a volatile region.
Video

Video Africa Tells its Story Through Fashion

In Africa, Fashion Week is a riot of colors, shapes, patterns and fabrics - against the backdrop of its ongoing struggle between nature and its fast-growing urban edge. How do these ideas translate into needle and thread? VOA’s Anita Powell visited this year’s Mercedes Benz Fashion Week Africa in Johannesburg to find out.
Video

Video Smugglers Offer Cheap Passage From Turkey to Syria

Smugglers in Turkey offer a relatively cheap passage across the border into Syria. Ankara has stepped up efforts to stem the flow of foreign fighters who want to join Islamic State militants fighting for control of the Syrian border city of Kobani. But porous borders and border guards who can be bribed make illegal border crossings quite easy. Zlatica Hoke has more.
Video

Video China Political Meeting Seeks to Improve Rule of Law

China’s communist leaders will host a top level political meeting this week, called the Fourth Plenum, and for the first time in the party’s history, rule of law will be a key item on the agenda. Analysts and Chinese media reports say the meetings could see the approval of long-awaited measures aimed at giving courts more independence and include steps to enhance an already aggressive and high-reaching anti-corruption drive. VOA’s Bill Ide has more from Beijing.
Video

Video After Decades of Pressure, Luxembourg Drops Bank Secrecy Rules

European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video Kobani Refugees Welcome, Turkey Criticizes, US Airdrop

Residents of Kobani in northern Syria have welcomed the airdrop of weapons, ammunition and medicine to Kurdish militia who are resisting the seizure of their city by Islamic State militants. The Turkish government, however, has criticized the operation. VOA’s Scott Bobb reports from southeastern Turkey, across the border from Kobani.

All About America

AppleAndroid

World Currencies

EUR
USD
0.7893
JPY
USD
107.68
GBP
USD
0.6238
CAD
USD
1.1214
INR
USD
61.185

Rates may not be current.