Sunday, February 7, 2010

Historical First for Women Payrolls!

http://economix.blogs.nytimes.com/2010/02/05/in-historical-first-women-outnumber-men-on-us-payrolls/

Key Terms:
Non Farm Workers: Employment that does not include the self-employed, unpaid family members, or agricultural workers.

Recession: An extended decline in general business activity, typically two consecutive quarters of falling real gross national product.

Payroll: A list of employees to be paid.

Analysis + Explanation:

Because of the recession and seasonal adjustments, the amount of women working has surpassed men. Construction, an intensive labor of man is not popular during the winter so many believe it has dropped the number of men working, along with the fact recession and the high rate of unemployment. In all of history, women have never surpassed men in the employment rate, though, a major factor that makes it difficult for women to work and stay motivated is payment equality. Men and women hold equal positions, but it is known that men are paid more. This event is a step that women have been waiting for a long time,however,many men would argue that the playing field is not equal because of the recession.

Prediction:

I think that this will give women great momentum for the new year of 2010. I think that equality is attainable and hopefully it will be. I have no insight as to when the recession will be over but I know that we are making small strides and in those strides men will most definitely have more work avaialable to them as our nation tries to modernize itself.

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