economic downturn & its impact on women
DESCRIPTION
Digging below the "media superficial" on the realities of the economic downtown's impact on women.TRANSCRIPT
Julie Graber The Ins0tute on Women 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)
Copyright © 2009, The Institute on Women
66478
66236 66051
65884 65803 65600 65523
65392 65319
67855
67416
66949
66597 66375
66115 65888 65818
65719
64000
64500
65000
65500
66000
66500
67000
67500
68000
68500
Jan-‐09 Feb-‐09 Mar-‐09 Apr-‐09 May-‐09 Jun-‐09 Jul-‐09 Aug-‐09 Sep-‐09
Number of Men and Women in the Payroll Labor Force -‐ 2009
Women Men
Copyright © 2009, The Institute on Women
Percentage of Men and Women in the Payroll Labor Force -‐2009
49.49% 49.56%
49.66% 49.73%
49.78% 49.80% 49.86% 49.84% 49.85%
50.51% 50.44%
50.34% 50.27%
50.22% 50.20% 50.14% 50.16% 50.15%
48.80%
49.00%
49.20%
49.40%
49.60%
49.80%
50.00%
50.20%
50.40%
50.60%
Jan-‐09 Feb-‐09 Mar-‐09 Apr-‐09 May-‐09 Jun-‐09 Jul-‐09 Aug-‐09 Sep-‐09
Women
Men
Copyright © 2009, The Institute on Women
Women Feeling the Impact of the Current Economic Climate
8.8%
11.7%
12.6% 12.2%
11.6%
12.9%
13.6% 13.2%
13.4% 13.6%
13.8% 13.8%
8.9%
11.3% 11.7%
11.9%
12.5%
12.4%
5.4%
7.6% 7.5% 7.6% 7.8%
8.1%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
11.0%
12.0%
13.0%
14.0%
15.0%
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
Unemployment -‐ female headed households
Labor Force Par0cipa0on Rate -‐ Women 65 years and older
Unemployment -‐ African American Women
Unemployment -‐ All women, 20 years or older
Copyright © 2009, The Institute on Women
Today
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Economic Status – Median Earnings • The gender wage gap in Ohio is $.73 – (state rank: 35th) –
lower than the na<onal average of $.78
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Economic Status – Median Earnings
Copyright © 2009, The Institute on Women
Gender and Wages in Ohio
57%
58%
59%
59%
59%
62%
59%
58%
54%
58%
53%
49%
45%
41%
40%
36%
35%
32%
26%
17%
43%
42%
41%
41%
41%
38%
41%
42%
46%
42%
47%
51%
55%
59%
60%
64%
65%
68%
74%
83%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
$1 to $2,499 or loss
$2,500 to $4,999
$5,000 to $7,499
$7,500 to $9,999
$10,000 to $12,499
$12,500 to $14,999
$15,000 to $17,499
$17,500 to $19,999
$20,000 to $22,499
$22,500 to $24,999
$25,000 to $29,999
$30,000 to $34,999
$35,000 to $39,999
$40,000 to $44,999
$45,000 to $49,999
$50,000 to $54,999
$55,000 to $64,999
$65,000 to $74,999
$75,000 to $99,999
$100,000 or more
Female Male
Copyright © 2009, The Institute on Women
Economic Status -‐ Six-‐Figure Salaries • Only 2% of women working on
Ohio earn six figures (vs. 7% for men)
• Women make up 18% of the six-‐figure earnings in Ohio
98%
2%
Six-Figure Earnings Among Working Women
82%
18%
Gender Distribution of Six-Figure Salaries
Are Men
Are Women
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Economic Status – Business Leadership
70.2%
29.8%
Business Ownership – 51% or more
65.5%
34.5%
Women in Managerial Roles
Women are the majority owners of 29.8% of privately held companies in Ohio
Women hold 34.5% of managerial positions in Ohio organizations
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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
Copyright © 2009, The Institute on Women
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%
Copyright © 2009, The Institute on Women
Health Issues:
Copyright © 2009, The Institute on Women
• Ohio ranks among the worst states for death rates among women from:
– breast cancer – colorectal cancer – coronary heart disease
• We are also among the worst states for Our own health risk behaviors
– Rate of smoking – Regular exercise – Diet includes fruit and vegetables
Copyright © 2009, The Institute on Women