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Tuesday, October 4, 2011

Workforce gaps narrowed by rough economy

Recently, the New York Times published an article about how the labor market has been equalized a bit, in terms of gender equality, as an outcome of the recent recession.  Click here to see the story.

Implications:   It was about a year ago that I suggested—in response to another NY Times story—that the glass ceiling was eroding… as a byproduct of the labor market and recession.  [See “Are women still hitting the glass ceiling,” from October 1, 2010.]

At that time, logic held that companies were not just cutting jobs, but payroll; the higher your paycheck, the bigger target you had on your back.  It only holds that if men were paid more for various jobs, they were more attractive targets as companies tried to trim payroll.

What impact might this shift have at the consumer level?  Might his and her roles change a bit when it comes to the shared decision-making process?  

Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.

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