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Why are men suffering more than women during the recession?

A report by the Policy Exchange, a respected Conservative think tank, has today confirmed that within four years the workforce in the UK will consist predominantly of women with men playing "second fiddle". It seems as though the male employment population has been hit severely by the recession although this trend in reduced male employment has been in place since 1971.

In 1971, 92% of men of working age were in employment although this figure has now fallen to 75%, while the corresponding figure for women has risen from 56% to 69%. There are certain reasons why we have seen this particular shift, with potentially the decimation of the UK manufacturing sector, mining and other similar employment positions hit hardest over the last 40 years playing a big part - and predominantly impacting upon the male population. There has also been a general shift with regards to the number of women looking for employment with the traditional family setup nowhere near as popular today as it has been.

At a time when the women workforce continues to grow it is ironic that there are still significant differences in the salaries of men and women in identical employment roles. Whether this will change in the short to medium term is debatable however slowly but surely the women workforce will gain a louder voice, especially when it comes to remuneration packages!

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