The "Man-Cession" Denials -- MrSwing

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The "Man-Cession" Denials
Oct 08, 2009

Dr. Mark J. Perry

CARPE DIEM
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In the last week, there have been a number of news reports that could be classified as “man-cession denials.” Here are some examples:
St. Louis -- A new St. Louis Fed research report released today debunks the popular notion that the current recession is predominantly a “man-cession”—a recession hurting American males proportionately more than women and other demographic groups.

Reuters -- The novelty of the man-cession has been overstated. Delve deeper, and men have not been doing so badly by historic standards.
CNBC-- Recessions are almost always man-cessions.

The data, certainly at least the male and female unemployment rates, suggest otherwise—the current “man-cession” is a very real and historically unprecedented labor market phenomenon, see the charts above and see the full analysis here at The Enterprise Blog.