2 Unemployment Realities for Men

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It’s been clearly documented men are getting hit harder than women in this recession. A recent BusinessWeek article provides two sobering statistics:

1. 71% of jobs lost were by men.

2. Male unemployment is at 9.8%. Female unemployment is at only 8%. (An almost 2% difference!)

The article focuses on the realities of wives re-entering and staying in the workforce as a result of the recession and jobless recovery.

What it doesn’t discuss is how a man’s towards job search can sometimes be part of the reason why they remain unemployed for longer periods of time.

Guys, please don’t shoot the messenger!

In the video below, I outline the experience 4M unemployed men had during the tech bubble bust in the 90′s.

After you watch the video, share your thoughts below. What are you seeing in respect to this new dynamic?

Photo credit: Shutterstock

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3 Comments

1. 

   Working Mom Journal

   January 8, 2011 at 10:02 PM

   My husband is out of a job right now and he is rebranding and repackaging himself, yet there is nothing. The job market is just plain terrible and a lot of men have already sucked it up. Nice article

   Reply
2. 

   Moneymonk

   October 12, 2010 at 6:04 PM

   You are so right! Men tend to wait out to the perfect job comes back. I guess it's pride. Those days are gone. Men have to move on or start a business.

   Good advice

   Reply
3. 

   @BeneficentGuild

   October 12, 2010 at 5:14 PM

   Important data and a strategy based on reality. Thank you

   Reply