Mancession


Mancession
An economic instance in which the unemployment rate is substantially higher among men than it is among women. The term "mancession" was coined during the financial crisis of 2008-2009, during which men bore the brunt of the job losses in the United States, at rates close to 50% higher than those of women.

Analysts have tried to understand the mancession phenomenon, and have offered a few possible reasons. First, during the financial crisis of 2008-2009, the majority of jobs that were initially cut were in the male-dominated manufacturing and construction industries, leading to disproportionate levels of joblessness among males.

Also, at the time it was reported that women in the United States accounted for nearly 60% of the college degrees handed out during that period, meaning that a greater number of women were working white-collar jobs, especially in publicly-funded industries such as education and healthcare, which saw far fewer cutbacks than male-dominated industries.


Investment dictionary. . 2012.

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  • mancession — UK US /ˌmænˈseʃən/ noun [U] INFORMAL ECONOMICS ► a situation in which more men s jobs are lost during a time of economic difficulty than women s: »The recession was so hard on male workers, especially in manufacturing and construction, that some… …   Financial and business terms

  • mancession — n. A recession that affects men more than women. Also: man cession. [Blend of man and recession.] Example Citations: What is a mancession, you ask? It s not this. It s a recession that hurts men much more than women, and we are allegedly in the… …   New words

  • mancession — noun Excessively high male unemployment …   Wiktionary

  • Male unemployment — or mancession is the disproportionate unemployment of men as compared with women. This gender gap became wide in the USA in the recession of 2009 when 10.5% of men were unemployed, compared with 8% of women.[1][2] References ^ Baxter, Sarah (June …   Wikipedia

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