According to analysis by the Institute for Women's Policy Research (IWPR) of the September employment report from the U.S. Bureau of Labor Statistics (BLS), job growth remained anemic in August for men, but accelerated for women. Of the 169,000 total jobs added to nonfarm payrolls in August, women gained 125,000 jobs (74 percent) while men gained 44,000 jobs (26 percent). According to the revised BLS numbers for July and previous months, women gained 103,000 jobs on average in May through August (66 percent of the total job gains), while men gained an average of 53,000 jobs across the four months (34 percent).
Women's employment growth in August was aided by growth in Education and Health Services (49,000 jobs added for women), Retail Trade (36,400 jobs), Professional and Business Services (24,000 jobs), and Leisure and Hospitality (18,000 jobs).
IWPR analysis of the BLS payroll data shows as of August, women have regained 99 percent (2.7 million) of the total jobs they lost in the recession from December 2007 to the trough for women's employment in September 2010 (2.72 million). Men have regained 69 percent (4.2 million) of the jobs they lost between December 2007 and the trough for men's employment inFebruary 2010 (6 million). Even so, the gap between women's and men's employment is 1.5 million jobs in August.
According to the household survey data reported by the BLS, the unemployment rate for women aged 16 and older decreased to 6.8 percent in August from 7.0 percent in July. Theunemployment rate for men aged 16 and older remained steady at 7.7 percent in August. Among single mothers (female heads of households), the unemployment rate rose to 11.0 percent in August from 10.5 percent in July.
As of August, 11.3 million workers remain unemployed. There has been improvement over the past year in the median number of weeks spent unemployed and looking for work from 18.2 weeks in August 2012 to 16.4 weeks in August 2013.
Original headline: 125,000 Jobs Gained by Women in August: Job Growth for Women Continues to Accelerate
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 31, 2014
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