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Is this is a sex-based recession?

May 20, 2009

There are some facts about this recession that are somewhat unsettling. And it’s being reflected with some recent TV and internet advertising. One of the major under-reported statistics about the current recession is that it’s mostly males that have been receiving the pink slips. Industries such as construction (90% male) and banking (80% male) and manufacturing (75% male) are the ones that have been hit the hardest. Chances though it’s not just because all the women bosses are part of the secret I hate men organization.

In fact the unemployment statistics are showing that the adult male unemployment rate is now at 10% , whereas for adult women it’s only 7%.

This is a dramatic change, in fact some segments of the male population are experiencing an unemployment rate that is reminiscent of the great depression. Males in their mid 20′s face an unemployment rate of 16.7% As far as our research goes, The last time we had an unemployment rate in that age and sex group was 1932, in the middle of the great depression.

The problem outlined is that men were more likely to be employed in industries that have taken as severe beating, but we suspect the reasons are far deeper than that. There is a very good chance this is going to be a long term problem as the layoffs continue to be more and more aimed at males.

Honestly we might be looking at a fundamental change of workplace and family dynamics as we are seeing more and more the “Mom” report to work, and the “Dad” home with the kids.

Thoughts?

This coffee pot was found at CP+B in December of 2008.

Written by TheFounder · Filed Under Advertising Agency News 


Comments

  • http://sparkcreatives.com/ Michael

    Gender inequity in salary is probably another reason. If men are making more money, they’re more likely to get cut for cost savings than a woman who is earning less for the same (or more) output.

  • http://sparkcreatives.com Michael

    Gender inequity in salary is probably another reason. If men are making more money, they’re more likely to get cut for cost savings than a woman who is earning less for the same (or more) output.

  • http://femmasculine.wordpress.com/ Carly

    It’s gotta be that women are sleeping with their bosses to keep their jobs. Gotta be.

  • http://femmasculine.wordpress.com Carly

    It’s gotta be that women are sleeping with their bosses to keep their jobs. Gotta be.

  • http://dailyobsessional.blogspot.com/ golublog

    I wonder what the water cooler note says.

  • http://dailyobsessional.blogspot.com golublog

    I wonder what the water cooler note says.

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