Economic Downturn & Its Impact on Women

Julie
Graber

The
Ins0tute
on
Women

ins0tuteonwomen.org

jgraber@ins0tuteonwomen.org

Copyright © 2009, The Institute on Women

In
the
News…

•  In
Downturn's
Wake,
Women
Hold
Half
of
U.S.
Jobs
(Wall

Street
Journal)

–  Women
Now
Hold
Half
of
U.S.
Jobs
-‐
For
Less
Money
Than

Men

•  Women
gain
as
men
lose
jobs
(USA
Today)

–  When
Will
Women
Become
the
Majority
of
the

Workforce?
(New
York
Times)

•  For
the
ﬁrst
0me
in
our
na0on's
history,
fully
half
of
U.S.

workers
are
female
(Shriver
Report)


Number
of
Men
and
Women
in
the
Payroll
Labor
Force
-‐
2009

68500

67855

68000

67416

67500

66949

67000

66597
Women
Men

66375

66500

66115

66478

65888
65818

66000
66236
65719

66051

65884

65500
65803

65600

65523

65392
65319

65000

64500

64000

Jan-‐09
Feb-‐09
Mar-‐09
Apr-‐09
May-‐09
Jun-‐09
Jul-‐09
Aug-‐09
Sep-‐09


Percentage
of
Men
and
Women
in
the
Payroll
Labor
Force

50.60%

-‐2009

50.40%
50.51%

50.44%

50.34%

50.20%
50.27%

50.22%
50.20%

50.14%
50.16%
50.15%

50.00%

49.86%
49.84%
49.85%

49.78%
49.80%

49.80%
49.73%

49.66%
Women

49.56%

49.60%
Men

49.49%

49.40%

49.20%

49.00%

48.80%

Jan-‐09
Feb-‐09
Mar-‐09
Apr-‐09
May-‐09
Jun-‐09
Jul-‐09
Aug-‐09
Sep-‐09


Women
Feeling
the
Impact
of
the
Current
Economic
Climate

15.0%

13.8%
13.8%

14.0%
13.6%
13.6%

13.4%

13.2%

12.9%

13.0%
Labor
Force
Par0cipa0on
Rate
-‐
Women
65
years
and
older
12.6%

12.2%
12.5%

11.7%

12.0%
12.4%

11.6%

Unemployment
-‐
female
headed
households
11.9%

11.7%

11.0%

11.3%

Unemployment
-‐
African
American
Women

10.0%

8.8%

9.0%

8.9%
8.1%

7.8%

8.0%
7.6%
7.5%
7.6%

7.0%

Unemployment
-‐
All
women,
20
years
or
older

6.0%
5.4%

5.0%

Oct-‐08
Nov-‐08
Dec-‐08
Jan-‐09
Feb-‐09
Mar-‐09
Apr-‐09
May-‐09
Jun-‐09
Jul-‐09
Aug-‐09
Sep-‐09
Oct-‐09


Today


Economic
Status
–
Median
Earnings

•  The
gender
wage
gap
in
Ohio
is
$.73
–
(state
rank:

35th)
–

lower
than
the
na<onal
average
of
$.78


Economic
Status
–
Median
Earnings


Gender
and
Wages
in
Ohio

$100,000 or more 17% 83%

$75,000 to $99,999 26% 74%

$65,000 to $74,999 32% 68%

$55,000 to $64,999 35% 65%

$50,000 to $54,999 36% 64%

$45,000 to $49,999 40% 60%

$40,000 to $44,999 41% 59%

$35,000 to $39,999 45% 55%

$30,000 to $34,999 49% 51%

$25,000 to $29,999 53% 47% Female
$22,500 to $24,999 58% 42% Male

$20,000 to $22,499 54% 46%

$17,500 to $19,999 58% 42%

$15,000 to $17,499 59% 41%

$12,500 to $14,999 62% 38%

$10,000 to $12,499 59% 41%

$7,500 to $9,999 59% 41%

$5,000 to $7,499 59% 41%

$2,500 to $4,999 58% 42%

$1 to $2,499 or loss 57% 43%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Economic
Status
-‐
Six-‐Figure
Salaries

•  Only
2%
of
women
working
on
•  Women
make
up
18%
of
the
six-‐
Ohio
earn
six
ﬁgures
(vs.
7%
for
ﬁgure
earnings
in
Ohio

men)

18%

2%
98% Are Women
82%

Are Men

Gender Distribution of Six-Figure Salaries
Six-Figure Earnings Among Working Women


Economic
Status
–
Business
Leadership

Women are the majority Women hold 34.5% of
owners of 29.8% of privately managerial positions in Ohio
held companies in Ohio organizations

34.5%
29.8%

70.2% 65.5%

Women in Managerial Roles
Business Ownership – 51% or more


EducaPonal
AQainment

•  Only
23.2%
of
Ohio’s
women

have
four
or
more
years
of
college

23%

Women In Ohio With Four or More Years
of College


EducaPonal
AQainment

–  It
takes
four
or
more
years
of
college
(or
the
equivalent)
to

increase
the
median
earnings
of
women
in
Ohio
to
exceed

the
median
earnings
of
men
with
a
high
school
diploma

($36,024
vs.
$33,332)

–  Four
or
more
years
of
college
reduces
the
rate
of
poverty

among
women
from
12%
to
3.9%


Health Issues:
•  Ohio
ranks
among
the
worst

•  We
are
also
among
the

states
for
death
rates
worst
states
for
Our
own

among
women
from:
health
risk
behaviors

–  breast
cancer
–  Rate
of
smoking

–  colorectal
cancer

–  Regular
exercise

–  coronary
heart
–  Diet
includes
fruit

disease

and
vegetables


Economic Downturn & Its Impact on Women

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