Employment & Unemployment

Women continue to lag behind men in earnings and wages. The underlying reasons for these continuing disparities are cultural, social and economic. While unemployment rates for women have declined less for women than for men during the recent economic downturn, women are still apt to have lower-paying jobs, with fewer benefits, and more part-time and interrupted careers. As the jobless rate for men rises, women are increasingly becoming primary breadwinners for their families, often without increased access to child care, elder care and help with domestic chores and other key supports.

Improved Job Growth in January for Both Women and Men: Women Re-Entering the Labor Force, But Men Leaving

 According to an Institute for Women’s Policy Research (IWPR) analysis of the February employment report from the U.S. Bureau of Labor Statistics, job growth improved in January with 243,000 jobs added to nonfarm payrolls. In January, women gained 95,000 jobs (almost 40 percent, above their share for the past year) and men gained 148,000.

by Institute for Women's Policy Research (February 2012)

URL: 
http://www.iwpr.org/publications/pubs/improved-job-growth-in-january-for-both-women-and-men-women-re-entering-the-labor-force-but-men-leaving

CFED Assets & Opportunities Scorecard

 By any measure, poverty in the United States is increasing. In 2010, the country saw the poverty rate for individuals rise to 15.1 percent, the highest level in nearly two decades. More than 46 million people now live below the federal poverty line of $22,350 for a family of four. However, the official poverty rate released annually by the Census Bureau highlights just one aspect of household finances, namely the percentage of people with insufficient income to cover their day-to-day expenses. It does not count the number of families who have insufficient resources – money in the bank or assets such as a home or a car – to meet emergencies or longer-term needs. When these longer-term needs are factored in, substantially more people in the United States today are facing a future of limited hope for long-term financial security.

URL: 
http://assetsandopportunity.org/scorecard/about/main_findings/

Measuring the Gender Asset Gap in Ghana

 There is an increasing recognition that the ownership of, access to and control over assets constitute a critical element in the determination of the well-being of households and individuals. Owing largely to data constraints, however, there has been a tendency for studies on assets and well-being/poverty to use the household as the unit of analysis. Such an approach tends to ignore the importance of intra-household disparities in asset ownership and well-being. Moreover, the dearth of individual-level data on asset ownership makes it extremely difficult to analyze gender disparities in asset ownership, wealth and well-being. As rightly noted by Grown et al. (2005), this lack of data seriously hampers efforts to track the progress of countries toward the Millennium Development Goal of gender equality and women’s empowerment.

URL: 
http://genderassetgap.iimb.ernet.in/articles/project-publications

Women: Let’s Talk About Retirement The 12 th Annual Transamerica Retirement Survey

 Women of all ages share dreams of retirement that include traveling, spending time with family and friends, and pursuing hobbies, but only 8 percent strongly agree that they are building a large enough retirement nest egg, according to research released by the non-profit Transamerica Center for Retirement Studies® (“The Center”). As part of its 12th Annual Transamerica Retirement Survey, the Center surveyed over 1,800 American women workers to understand where their outlook stands today and what approaches could help them make their retirement futures brighter.

URL: 
http://www.transamericacenter.org/resources/TCRS12thAnnualSurveyWomenReport.pdf

Investing in Child Care Pays Large Dividends in Economic Growth

By Shyama Venkateswar, Ph.D.*

I joined a distinguished panel of researchers, advocates, and experts at the Yale Club on Thursday, January 19th when I presented our latest studies on increasing the access of low-income women to child care.

The panel was led by Jessica Sager, Co-Founder and Executive Director of All Our Kin, an innovative Connecticut-based program that has had significant success in training child care providers and increasing the economic security of low-income women.

To many of us, investing in child care is a no-brainer, but rigorous data from the Connecticut Center for Economic Analysis showed that for every dollar invested in child care, the state of Connecticut earned $15-20 in economic benefits. In other words, child care not only pays for itself, but has a significant multiplier effect on the economy and on our society.


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