'It Pays, for a Change, to Be a Woman in the Workplace'

Article here. Excerpt:

'Women workers are faring better than men in the current economic downturn, for a variety of reasons. So much so that they may soon pass men and become the majority gender in the American workplace.

By November of last year, according to the Bureau of Labor Statistics, women had already become just more than 49 percent of the non-farm labor force. And the New York Times reports that in the current economic turndown, men have suffered 82 percent of the job losses. That's true, in part, because struggling industries like automaking and homebuilding employ an overwhelmingly male workforce.

But there are other reasons why job prospects for women are brighter right now than they are for men. Women make less money than men in many comparable jobs. That infuriates women's-rights advocates, but it makes women more attractive to employers who are cutting costs to weather the recession. Many industries have culled their executive and veteran workforce - men, by and large - by paying older workers to retire.'

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manonthestreet

I don't believe for a moment that expensive men are being replaced by cheap women.But what is happening is very curious. Productive men in manufacturing and construction are loosing their jobs while it appears that women in what we might call service jobs are keeping theirs. What sort of economy can sustain this? What in the end will the USA produce that anyone else will want? Will just having the biggest army, and hence being the biggest gangster, be enough to ensure the wealth of the USA?

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