7 Pages Posted: 31 Mar 2010
Date Written: February 1, 2010
Women fared decidedly better than men during the most recent recession. By August 2009, the unemployment rate for men had hit 11.0 percent, while that for women held at 8.3 percent. This 2.7 percentage point unemployment gender gap - the largest in the postwar era - appears to reflect two factors: First, men were much more heavily represented in the industries that suffered the most during the downturn. Second, there was a much sharper increase in the percentage of men who - prompted, perhaps, by a decline in household liquidity - rejoined the labor force but failed to find a job.
Keywords: Labor Market, Gender Differences
JEL Classification: E24, J22
Suggested Citation: Suggested Citation
Sahin, Aysegul and Song, Joseph and Hobijn, Bart, The Unemployment Gender Gap During the 2007 Recession (February 1, 2010). Current Issues in Economics and Finance, Vol. 16, No. 2, February 2010. Available at SSRN: https://ssrn.com/abstract=1582525 or http://dx.doi.org/10.2139/ssrn.1582525