Unemployed men are faring worse than women as the nation struggles to recover from the recession. According to the Bureau of Labor Statistics, women have gained back the jobs they lost during the financial crisis while men have only gained back about 70 percent of them, CNN reports.
Why is this? There are a variety of reasons. First, because men lost more jobs than women, there are more to gain back. Another contributing factor is that the bulk of the missing jobs stem from male-dominated industries: construction and manufacturing.
Here are some other key numbers pulled from the statistics, and some tips for anyone -- men and women -- still looking for work:
'1 Million Missing Men'
As mentioned, construction workers are among some of the top male-dominated groups hit by the recession -- roughly 1 million have actually either switched industries or quit looking.
The chief economist for Associated General Contractors claims that many unemployed construction workers have either left the industry to retire, return to school, or even to leave the country, CNN reports. He dubs them the "one million missing men."
Here are some other numbers derived from the statistics:
- Construction workers accounted for nearly 25 percent of all job losses in the economy in 2010;
- Construction workers account for 9 percent of the job losses currently (not because they are getting jobs, but because they are among the "missing men" who have likely dropped out of the labor force);
- The sector cut more than 2 million jobs since 2007; and
- Back in the 1980s, factory jobs accounted for 20 percent of the country's jobs, while currently, they account for less than 9 percent.
Rebound on the Horizon?
Still, there is a bit of good news, at least for unemployed construction workers. A recent report by Sageworks Inc., a financial-information firm, found that construction-related businesses comprised four of the 10 fastest-growing small business sectors in 2013. Contractors and consultants are among the types of workers who are in growing demand.
To put your best foot forward when looking for work, here are a few tips to consider:
- Update your resume, making sure you're not padding it with lies or exaggerations (which can come back to haunt you later);
- Practice your interviewing skills -- perhaps even for an interview via Skype, which is becoming more common; and
- Make sure your social media accounts are employer-friendly -- a must for the digital age. While employers aren't really asking for applicants' social media passwords, many are indeed including an applicant's social media activity as part of a standard background check.
To learn more about your rights as a job applicant during the interview process, head over to FindLaw's comprehensive section on Job Applications and Interviews. You can also checkout FindLaw's free Guide to Interviewing, which you can read online or download and print out for easy reference.
Best of luck in your job search!