Employment Initial Pandemic Hit 

  • February to April Female Employment: 74.865 Million to 61.478 million, a decline of 13.387 million. 
  • Female employment declined 17.9%
  • February to April Male Employment: 83.867 Million to 71.892 million, a decline of 11.975 million. 
  • Male employment declined of 13.8%

Employment Current Decline

  • February to April Female Employment: 74.865 Million to 70.572 million, a decline of 4.293 million.
  • Female employment is down 5.7%
  • February to April Male Employment: 83.867 Million to 79.666 million, a decline of 4.201 million.
  • Male employment is down 5.0%

Employment and Labor Force 2000-Present

Labor Force and Employment Levels Men vs Women 2021-02

Great Recession vs Covid Recession

In the Great Recession, unlike now, male employment was hit much harder and sooner than Female employment. 

However, the dotted lines show that once the recession finally ended, male employment recovered much faster.

Given that women dominate restaurant, cleaning, and service employment in general, we should expect women to take a bigger hit up front and have a slower recovery as well. 

That is how it's playing out.

Mish 

Household Income Up But Median Earnings for Men -5.73% Since 1973: Women +33.99%

Real median earnings for men are down 5.73% since 1973. Median earnings for women are up 33.99%.

Unemployment Claims More Than Double Last Week's Record Total

Initial unemployment claims more than double last weeks total, and last week was then the largest in history.

Wage Growth for Men About 1/4% Per Year Since 2000, Women About 1/2% Per Year

Women are slowly catching up to men in median wages but growth has been pathetic across the board.