Washington–Mitt Romney come up with “an amazing statistic, and Republicans inside and outside his presidential campaign were doing their best to spread it around:” 92.3 per cent of all jobs lost in the Obama years killing women. ”
It can be amazing. As a significant economic record in Obama and his impact on women though, is questionable at best.
Romney on mathematics is solid as it goes. But more men than women have lost their jobs since the recession of the early — that’s why economists call “person of the cession.
Blaming Obama for the hours going back 20 years on American women, “as Romney campaign puts it, Republicans hope to counter Obama’s perceived advantage with women voters. But they ignore how recessions typically–the last one in particular–unfold, and they ask Obama for the economy since taking office, before he could make any difference.
“This is a political game,” said Diane Swonk, Chief Economist at Mesirow Financial, a financial services company. “You can play many games with statistics-both sides are doing it”.
Look at the requirements and how it compares with the facts:
Romney: “it is an amazing statistic. Proportion of jobs lost in the President’s three-year, three-and-a-half years- -92.3 per cent of all jobs lost in the Obama years were lost to women. “–Hartford, Connecticut, Wednesday.
Lanhee Chen, Director of the campaign, Romney, Obama policy administration Wednesday: “they’ve done tremendous damage to American women in the economy.”
Facts: the deep recession that began 13 months to Republican George w. Bush left the White House hit men harder than women in the beginning. Recessions often do so because the men’s businesses such as construction and manufacturing are usually the first to tumble into recession. After all sectors with more women in the labour force to follow suit, and it happened mostly after Obama took office.
In a recession that began in December 2007, and ended in June 2009, with unemployment continuing to this day–the crisis in the financial sector and the bursting of the housing bubble contributed to damage for jobs are mostly men. “Initial losses were even more masculine than usual due to the nature of a recession,” Swonk said.
Women are more strongly represented in jobs that have suffered in the recession later this month and beyond income-strapped state and local governments dismissed teachers and other workers in the public sector.
Romney’s claim is based on statistics showing the number of unemployed women has increased by 858.000 in January 2009, Obama inauguration a month. But it ignores a disproportionate hit men year before Obama became President–and their greater overall job losses.
About 3.4 million men and 1.8 million women lost their jobs recession began, according to the Government.
When Obama took office, the unemployment rate for men (8.6%) has already been dramatically higher than that for women (7 per cent). Peak speed of 11.2 per cent for men in October 2009, and for women at 9 per cent a month later.
Since then the gap nearly closed. Last month amounted to 8.3 per cent for men and 8.1 per cent for women.