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 Jewfro-Macabbi rated 5 months ago - From the page: "Whether you buy that argument or not, it's clear that right now men are in a bad spot. The share of all men aged 20 and over with jobs has fallen since last November, when private-sector employment peaked, going from 72.9% to 72.2% in April. For women the ratio rose, from 5...
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- Jewfro-Macabbi rated 5 months ago
- From the page: "Whether you buy that argument or not, it's clear that right now men are in a bad spot. The share of all men aged 20 and over with jobs has fallen since last November, when private-sector employment peaked, going from 72.9% to 72.2% in April. For women the ratio rose, from 58.1% to 58.3%. The adult male unemployment rate has risen twice as much as the female jobless rate since November. Those figures from the BLS' household survey are echoed in its separate survey of employers....
...the jobs women are landing aren't necessarily good ones. Says Eileen Appelbaum, director of Rutgers University's Center for Women & Work: "We had an expansion of jobs for home health aides, retail clerks, child-care workers. They're low-wage, they're dead-end, and they don't have any benefits..."
Of course it's a sign of a flailing economy. It's also a statement on men. Not to be insulting, or sexist - I'm only speaking from personal experience. Men generally will not take low paying jobs. Women will. There's a different attitude. The men I've spoken to who are unemployed or underemployed tell me they are "worth more than that" - or similar. Women tell me they have children to feed.
There's some danger in this - see Mexico where women are being murdered for having a job when men can't get them...
It helps to understand why this is happening. It's a natural symptom of corporatism/capitalism. Corporations seek eternal growth in profit margins. That isn't possible as eventually markets are saturated. Raising profits further after market saturation can only be done by cutting costs. Middle class jobs once filled by men have been exported to cheaper labor markets.
It's short term thinking by corporations. Who will purchase their wares when no one can afford food? We've actually reached this point some time ago. Consumers haven't enough money to spend. External growth requires new markets - hence privatization, and wars...
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