The TUC has a new document out on the topic – it’s available free here. Some headlines from it:
- There are more women in paid work than in previous recessions but 29% of them are in low paid jobs (compared to 16.1% of men)
- The female redundancy rate has increased by 2.3% since the start of the year compared to 1.2% for the male redundancy rate.
- The signs are that the recession may well hit the service sector strongly and this is where women’s jobs predominate.
- Impacts short of redundancy are likely to include reducing part-timers hours which is also where 40% of working women are located.
- Women may have different experiences of unemployment to men. As women
are more likely than men to be in low-paid work, they are less likely than men
to have savings and therefore face a greater risk of immediate poverty as they
become unemployed. Unemployed women are also less likely than men to
qualify for Jobseekers Allowance – which may exacerbate their financial
For more read the full report!