Morning Money Matters: Women safer from the unemployment line than men?

January 13, 2009; News 12 This Morning

In these tough times, the unemployment line is getting longer and longer, and it looks like you have a better chance of standing in it if you are a man.

A new study shows women seem to be holding on to their jobs more than men.

Since the recession began, the jobless rate for men rose from 4.4% to 7.2%. The jobless rate for women went from 4.3% to 5.9%. Why the discrepancy? Experts say the kind of jobs women tend to hold offer more stability. About 75% of the people who work in health care and education are women. Those jobs certainly aren't going away right now.

Women are more likely to work part-time than men. That means they make less money than the full-timers and probably don't get benefits.
Experts say that makes them more, well, safe. But, it also makes everyone else more safe too.

Think about this: the last time the economy was this rough, there were not as many dual income households. So, if a person lost their job, they lost all of their family's income. At least now, chances are there's another person earning money too, and losing some is better than losing everything. is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

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