June Jobs Report: Women Lag Men in Recovery

The June jobs report showed that the unemployment rate for adult men was 9.1 percent and 8.0 percent for adult women. But don't be fooled: while the Great Recession was indeed harder on men (job losses were concentrated in sectors where men dominate, like construction, auto and manufacturing), the recovery has been harder on women.

Since the recovery began in mid-2009, men have seen their unemployment rate drop by 1.1 percent, while the unemployment rate for women has actually increased slightly. According to a Pew Research Center analysis of Bureau of Labor Statistics data, "employment trends during the recovery have favored men over women in all but one of the 16 major sectors of the economy."

Women need to prepare for the trend to continue and here's why:

More on MoneyWatch:

• June Jobs: Another Lousy Report
• Obama on Lousy Jobs Report

Jill Schlesinger

Jill Schlesinger, CFP® is the Emmy-nominated business analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and chief investment officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.

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