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Women doing better in the current labour market

Interestingly enough women appear to be doing better than men in the current recessionary conditions in the labour market, according to new data produced by the ONS.

 

At the beginning of 1971 the overall employment rate for women was 56% as opposed to 70% in the last three months of 2008. By contrast, over the same period, the male employment rate fell from 92% to 78%. This can be seen in the figure below. According to the ONS the difference can be partly explained by the fact that more women are likely to work in the public sector than men, and this has been more ‘sheltered’ than the private sector over the last half of 2008.

Annual percentage point change in employment rate: by sex, UK, seasonally adjusted.   Source: ONS

Annual percentage point change in employment rate: by sex, UK, seasonally adjusted. Source: ONS

 

As far as unemployment is concerned, rates for women also grew at a slower pace than for men during last year. The unemployment picture is shown in the figure below.

 

Quarterly percentage point change in unemployment rate: by sex, UK, seasonally adjusted.   Source: ONS

Quarterly percentage point change in unemployment rate: by sex, UK, seasonally adjusted. Source: ONS

The unemployment rate for women was 5.5% in the three months to December 2008, which was up 0.3 percentage points on the previous quarter, while the rate for men was 6.9% which was 0.6 percentage points up.

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Posted in Employment, unemployment

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