Does More Women in the Workforce Mean a “Man”cession?
On Friday, September 4, I had the privilege of appearing live on CNN in aâ¨ segment called “Women in the Workforce.” The interview offered insights in toâ¨ the shifting dynamics of the economy and why more women are making their way â¨into the workforce.
â¨â¨We’re calling it a “man”cession in that 82 percent of people who have been â¨laid off are men. For the first time, women are poised to take over 50 â¨percent of the workforce. The industries that we are employed in are not the â¨industries that have been hit the hardest.â¨
With that said, I believe that now is the time for men and women to â¨reposition themselves for future hiring trends. I predict that manufacturingâ¨ and construction are the industries that will see a major shift in how jobsâ¨ are done, and IT as the area where people need to re-educate themselves.â¨â¨
As men are being laid off, companies are using this as an opportunity to get â¨a more diverse management base. There is talk of a new female economy â¨because we control so much of the consumer dollar. Women are going to be aâ¨ valuable force because we are making the decisions, financial and otherwise.â¨ So get ready, ladies. Now is the time to make this “man”cession an â¨opportunity for us!
By April Fawcett Nagel
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