Men bear the brunt of US jobs lost
By Sarah O’Connor in Washington
Published: April 19 2009 22:36
http://www.ft.com/cms/s/0/d28c79d6-2d11 ... abdc0.html
Many Hires Needed for Budget GoalsThe US recession has opened up the biggest gap between male and female unemployment rates since records began in 1948, as men bear the brunt of the economy’s contraction.
Men have lost almost 80 per cent of the 5.1m jobs that have gone in the US since the recession started, pushing the male unemployment rate to 8.8 per cent. The female jobless rate has hit 7 per cent.
This is a dramatic reversal of the trend over the past few years, where the rates of male and female unemployment barely differed, at about 5 per cent. It also means that women could soon overtake men as the majority of the US labour force.
Tens of Thousands Could Be Added to Federal Payroll
By Philip Rucker
Washington Post Staff Writer
Tuesday, March 3, 2009
http://www.washingtonpost.com/wp-dyn/co ... 02935.html
Get a clue, folks.President Obama's budget is so ambitious, with vast new spending on health care, energy independence, education and services for veterans, that experts say he probably will need to hire tens of thousands of new federal government workers to realize his goals.
The $3.6 trillion plan released last week proposes spending billions to begin initiatives and implement existing programs, and given Obama's insistence that he would scale back the use of private-sector contractors, his priorities could reverse a generational decline in the size of the government workforce.
Exactly how many new workers would be needed remains unclear -- one independent estimate was 100,000, while the conservative Heritage Foundation said it is likely to be closer to a quarter-million.
Administration officials said they cannot determine overall hiring projections until the president's full budget is released this spring, but acknowledged that significant new hiring will occur.
Increased government DECREASES national productivity and shrinks our already collapsed GDP!!
