The Male-Female Unemployment Gap, Revisted

December 15th, 2014 by 
PK

For some reason, one of our articles that gets a lot of links is our expose on the Male-Female unemployment gap back in late 2011.

The reasons for that gap?  Well, you surely recall the recent "Great Recession", which happened to cause a lot of employment damage in the Construction and Finance industries, which were (and are) historically male-dominated.  The interesting trend from that article was actually the chart which showed that the last few recessions have also hit male-dominated industries.

So, let's take a new look at the 20+ male and female unemployment rates through November 2014.

20+ Year Old Male and Female Unemployment Rates Since 1990

Bam: 5.0% for Women of that demographic, and 5.2% for men.  (Non-seasonally adjusted, grab them from FRED here.)  Let's call it a parity recovery:

Male-Female unemployment since 1990

Back to parity - a good sign post Great Recession

Pretty interesting to see that the last few recessions have gone the same way - with male unemployment first spiking (remember, this is non-seasonally adjusted) before recovering to parity.

Any theories?  What industries might see the next recession?

      

PK

PK started DQYDJ in 2009 to research and discuss finance and investing and help answer financial questions. He's expanded DQYDJ to build visualizations, calculators, and interactive tools.

PK lives in New Hampshire with his wife, kids, and dog.

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