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Women Are Now Equal as Victims of Poor Economy

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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-23-08 06:51 PM
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Women Are Now Equal as Victims of Poor Economy
http://finance.yahoo.com/career-work/article/105439/Wom...

Women Are Now Equal as Victims of Poor Economy

(**** snip ****)

When economists first started noticing this trend two or three years ago, many suggested that the pullback from paid employment was a matter of the women themselves deciding to stay home -- to raise children or because their husbands were doing well or because, more than men, they felt committed to running their households.

But now, a different explanation is turning up in government data, in the research of a few economists and in a Congressional study, that follows the women's story through the end of 2007.

After moving into virtually every occupation, women are being afflicted on a large scale by the same troubles as men: downturns, layoffs, outsourcing, stagnant wages or the discouraging prospect of an outright pay cut. And they are responding as men have, by dropping out or disappearing for a while.

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