Gender divide on economy

Citigroup survey shows women are more optimistic about business conditions improving than men. Women are also pretty upbeat about their finances. From Real Time Economics:

The sentiment split makes sense given what's happening in the economy. Men overwhelmingly shouldered the burden of layoffs in this downturn, leading to the term "mancession." In a labor force that is 53% male and 47% female, men accounted for 68% of the jobs lost. The adult male unemployment rate in June was 9.9%, compared with 7.8% for women.



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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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