Discuss unemployment rate by gender. Provide an overview of its trend and use facts to highlight the major changes in its trend and current status. Why does is it a challenge for the economy?
Unemployment by gender means that a gender specific (mostly women) has a higher rate of unemployment than the opposite, either due to lesser opportunity or lower preference by the employers.
The gender unemployment was significantly high before 1980 but in 1980s when recession struck the economy, gender unemployment reduced significantly and women were less affected by the recession than men in context to joblessness. In current economy also, the gender unemployment is not as high as it used to be before 1980s.
It is a challenge for the economy as women constitute 49% of the human population and if this significant portion of population would not get employment opportunity, the economy of any nation would not grow. It is as if half population is not getting jobs.
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