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Tag Archives: LNS14000002

The COVID-19-induced “she-cession” : BLS data show more employment losses for women

[embedded content] Economic downturns have tended to affect men’s employment more than women’s, which gave rise to terms such as “he-cession” or “man-cession” and “he-covery.” Although this dynamic was true at the time of the Great Recession, it doesn’t hold true for the COVID-19-induced recession. The FRED graph above displays data from the U.S. Bureau of Labor Statistics: monthly, seasonally adjusted unemployment rates for men and women from January 2007 to September 2020. During the...

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