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| by Paul Szep “Two of the 20% that think America is on the right track.” …no doubt, they’re Republicans. |
What are you doing today to make tomorrow even bigger for Hillary?
Open thread. …and a big thanks to Scan for a great job this weekend.
To add, as for who’s better off, it sure isn’t women, which is laid out in a new report, “Taking a Toll: The Effects of Recession on Women”:
Key findings of the report include:
In the past year, the unemployment rate among adult women workers has gone up more rapidly than for men—rising from 3.8% in March 2007 to 4.6% in March 2008, an increase of 20%, compared with a 17% increase among adult men.
The downturn has caused women’s wages to fall and this decline is significantly larger than what men have suffered. In 2007, the real median wage for adult women workers dropped 3%; wages for adult male workers dropped by.5% over the same period. Women’s wages are also more volatile than men’s wages, and they face a much higher risk of seeing large drops in income than men do.
Women are also disproportionately at risk in the current foreclosure crisis, since women are 32% more likely than men to have subprime mortgages.
Existing pay disparities for women exacerbate the economic strain on women and on households run by women, since women earn only 77 cents for every dollar earned by men
Women have significantly fewer savings to fall back on in a time of economic hardship. Non-married women have a net worth 48% lower than non-married men, and women are less likely than men to participate in employer-sponsored retirement savings programs.
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