Men enter female industry in times of crisis

Men enter “female industry” in times of crisis

Among the industries most affected by the financial crisis, whether in manufacturing or the financial industry, a common feature is that men are dominant.
To a certain extent, the direct impact on men is greater than that on women.
The Financial Times published a signed article on the 21st, analyzing the reality that some men are now entering the female-dominated industry in order to survive.
The article is excerpted as follows: Last month, Larry?
Blash lost his job at Fitch Ratings.
This is his third cut in eight years.
  ”That’s it, we’re done.
I’m tired of it, “said his wife Sheri.
“He must completely change his career and do something unrelated to Wall Street.
“Brash, 44, is undergoing retraining at the nurse post.
This may not admire his friends who are still working at Fitch Ratings, but by turning to this traditionally female occupation, Brash is trying to avoid a recession that hits men a lot.
  Since men dominate the most cyclical industries such as manufacturing, construction, and finance, if the economy shrinks, men will be more affected than women.
They were hit hard by the current economic downturn.
Half of the U.S. workforce is male, but men account for more than three-quarters of the 5.1 million people who have lost their jobs since the United States entered the recession.
The male employment rate in the United States has fallen from about 73% to 69%-the lowest level since the record began in 1948.
  Female jobs are also being lost, but the decline is not so bad.
They often work as white-collar clerks.
Women accounted for 75% of the education and healthcare industries that saw a slight increase this year.
  This layoff model means that in many families, women have become the sole breadwinners, earning money to support their husbands and children.
The problem that has plagued working women for generations has become a problem for everyone.
  Women earn less than men, and this is not limited to professional fields.
The income of the blue-collar jobs that are steadily fading is not low: the average weekly salary of construction workers is $ 840, which is higher than the average weekly salary of $ 616 in the United States.
By comparison, the average weekly salary for medical and education practitioners is about $ 620; compared to $ 385 for retail.
  Women enter and leave the workplace more frequently, or work part-time to take care of their children or relatives, so they have less accumulated benefits such as medical insurance.
Many families that depend on women’s income are struggling today.
  Sheri said her husband’s joblessness inspired her to become a rookie comedian, but the entire family was damaged.
“The income of his work is undoubtedly more stable than mine, because my working hours are not as regular as his . but the biggest blow we are about to suffer is medical treatment.
“Heidi, president of the Institute for Women’s Policy Research?
Hartman says the problem is getting worse.
“All of the low-income jobs that women do-retail, food services, home care, babysitting-many don’t provide medical care (insurance), and even if they do, they can be very expensive and difficult to cover all family members.
Therefore, a huge impact of the current recession is the reduction in health insurance coverage.
“Some women’s activists hope that this tension will promote labor market reforms that benefit women.
US President Barack?
Obama’s economic stimulus package has funded states to make it easier for part-time and low-income workers to get unemployment benefits.
  If a large number of males flood into female-dominated jobs like Blash, the impetus for change will come.
The prospect of reduced salaries and benefits has failed to stop Mr. Bush from stagnating: what he desires is to be immune to the volatility of the business cycle.
“It seems that every time I lose my job because of a recession, I have to work hard to jump back to the original industry . Now, I am looking for jobs that can withstand the effects of the recession.