Women Lead Economic Recovery

By Sarah Diebel

According to recent statistics tracking the latest jobless numbers, women are rebuilding their families' finances and the Canadian economy. In September, growing numbers of women entered the workforce, while more men joined the ranks of the unemployed.

Despite what appears on its face to be a surge of female dominance in the new marketplace, it is important to note that hiring practices are not discriminating against male applicants. Economists claim that women are willing to accept lower paying jobs in order to support their families, while men typically hold out for higher compensation.

Gender generalizations aside, statistics show public sector growth and private sector losses. So, until men dominate the health care field as opposed to manufacturing, we can expect further "she-covery" according to Chaya Cooperberg, the author of a recent Globe & Mail article available here.