Tuesday, September 4, 2012

Bureau of Labor Statistics: Unemployment Rates Of Women Up Under Obama

Unemployment rates of women, young women, and single women have all increased since O took office



The Democratic Party plans toprominently feature women at its convention in Charlotte this week, an effort that could be haunted by the Obama administration’s troubled relationship and failed record with respect to the fairer sex.
The sluggish economy under President Obama has been particularly hard on women. Nearly six million are currently unemployed, more than 400,000 have lost their jobs, and poverty rates among women have soared to record highs.
Since Obama took office, the unemployment rate among women has jumped from 7 percent to 8.1 percent, according to the Bureau of Labor Statistics. Young women have fared even worse. Their unemployment rate has risen from 12.5 percent to 14.4 percent since 2009.
The jobless rate among single women, a demographic the Obama administration is targeting, has nearly doubled compared with prerecession levels.
A recent Pew report found that women are the only demographic group for which employment growth fell short of population growth between 2009-2011, and have consistently lagged behind men.
“By this yardstick, the economic recovery has proceeded in opposite directions for men and women,” Rakesh Kochhar, the report’s author, toldthe Hill.
Where have all the women’s jobs gone?” CNN asked in April 2012, noting that the “mancession”—during which men lost twice as many jobs as women—has since turned into the “hecovery,” during which men have gained backfour times as many jobs.
Even strong Obama backers concede that women are struggling. “Though we are seeing some recovery, we have not seen it in a recovery of jobs for women,” Heather Boushey, a senior economist at the left-wing Center For American Progress, told CNN.

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