Women Are Now Equal as Victims of Poor Economy
Erol Reyal for The New York Times
Lisa Craig, standing, volunteers at the Milwaukee office of 9to5, National Association of Working Women. She hopes to draw a modest salary soon as a community intern.
Across the country, women in their prime earning years, struggling with an unfriendly economy, are retreating from the work force, either permanently or for long stretches.
Indeed, for the first time since the women’s movement came to life, an economic recovery has come and gone, and the percentage of women at work has fallen, not risen, the Bureau of Labor Statistics reports. Each of the seven previous recoveries since 1960 ended with a greater percentage of women at work than when it began.
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, to be released Tuesday, 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.
“When we saw women starting to drop out in the early part of this decade, we thought it was the motherhood movement, women staying home to raise their kids,†Heather Boushey, a senior economist at the Joint Economic Committee of Congress, which did the Congressional study, said in an interview. “We did not think it was the economy, but when we looked into it, we realized that it was.â€
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And the winner of “No!” Award goes to the New York Times! This is almost as hilariously over-observant as the studio response to the success of the Sex and the City movie. Women want to see movies they can relate to! We are SHOCKED. Who knew that women would pay money to see a movie about WOMEN? Who knew that women could respond to a shrinking economy the same way men do? It’s MADNESS.