Thursday, May 8, 2008

Jobless man bites dog

From Business Week Online: Economy goes south, women and minorities men hardest hit:

They eat from the same dishes and sleep in the same beds, but they seem to be operating in two different economies. From last November through this April, American women aged 20 and up gained nearly 300,000 jobs, according to the household survey of the Bureau of Labor Statistics (BLS). At the same time, American men lost nearly 700,000 jobs. You might even say American men are in recession, and American women are not. [...]

Meanwhile from the AP:

WASHINGTON - The number of newly laid off workers seeking unemployment benefits dropped much more than expected last week.

The Labor Department reported Thursday that applications for unemployment benefits fell to 365,000, a decline of 18,000 from the previous week. Economists had been looking for a much smaller decrease of around 5,000.

The men are probably too busy bitterly clinging to their guns to go out looking for a new job.

Back to the Business Week article:

The Presidential candidates haven't figured out how to play the disparity [in job losses] between men and women. [...]

Another reason politicians aren't making hay of the plight of males is that they are well aware that women are in no mood for it.

Women are moody? Tell me about it You said it.

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