Women Lead U.S. Workforce for 8th Month as Men Trail by 1.2 Million Jobs
Updated
Updated · CNBC · Oct 2
Women Lead U.S. Workforce for 8th Month as Men Trail by 1.2 Million Jobs
3 articles · Updated · CNBC · Oct 2
Summary
Eight straight months through September left women outnumbering men in the U.S. workforce, the longest such run since 2010, according to Indeed's analysis of government data.
1.2 million fewer men were employed than a year earlier, while women's employment rose by more than 650,000, underscoring a widening gender split even as men captured slightly over half of September's net job gains.
29,000 jobs were added in September, far below the 84,000 forecast, and healthcare—still the main engine of hiring—accounted for more than half of payroll growth.
Healthcare employs nearly four in five women workers, helping explain women's gains, but slower healthcare hiring and job losses in female-heavy government roles limited their September boost.
Indeed said the current gap differs from 2010, when men were losing jobs outright; this time, women are gaining them faster as industry mix reshapes the labor market.