Skip to Content

Single women are hit hard by the recession

More
Text SizeAAA

Filed under: Career, Wealth, Recession

There have been a lot of reports about which group of people have been hit hardest by the recession. Men have definitely been hit disproportionately hard by job losses. In fact, men held 71.9% of the jobs lost since the recession began, hurt by mass layoffs in construction and manufacturing, according to the U.S. Bureau of Labor Statistics.

I've even written about how more households are relying on female breadwinners after husbands were laid off.

But single women -- many of whom are mothers or caregivers -- who get laid off don't have a second income to rely on while they hunt for a new job.




Unmarried women who lose their jobs may be more at risk of having to give up their homes, cash out retirement accounts or even end up in homeless shelters. Many of them lack basic health care for themselves and their children and have little access to financial resources that could tide them over until they find a job..

In October 10.3% of unmarried women age 20 and up were unemployed, compared with 5.7% of married women. Single women make up 46.5% of all female workers but account for 60.8% of all women who are unemployed.

Since African-American women are more likely to be single than white women, they are seeing higher unemployment rates. Fifteen percent of African-American unmarried women were jobless in October, compared with 11.1% of unmarried Hispanic women and 9.2% of unmarried white women.

Single men can also end up financially ruined if they lose their jobs.Unmarried men have higher rates of unemployment (14.1%) than married men (6.5%), too. But unmarried men who are fathers may be less likely to live with their kids than unmarried women who are moms.

That may be reflected in the fact that an increasing number of families living in homeless shelters are headed by women. A recent government report, the 2008 Homeless Assessment Report to Congress, showed that the number of homeless families seeking shelter from 2007 to 2008 rose 9% overall, and about 56% in rural and suburban areas.

Most of those families in shelters were headed by young, single mothers with limited education and one or more children. In fact, 81% of sheltered homeless adults in families were female.

Of course single women aren't alone in being hurt by this recession. People of all ages, races and demographic groups have been devastated by job losses, foreclosures and other problems during the economic downturn. How have you been impacted by the recession?
Subscribe to Walletpop

Reader Comments (Page 1 of 1)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Readers' Choice Winners for Best in Winter Travel
Votes have been cast for Best Ski Hotel, Best International Ski Destination, Best Caribbean Cruise ...
Readers' Choice Awards for Best in Sweets
Is there a maker of fine chocolate candy that makes your mouth water just thinking about it? Who ...

Tom Barlow
Tom Barlow Filed under: Food

No seed shortage for gardeners this spring, despite reports to the contrary

Thanks to the recession, more Americans are interested in growing their own vegetables. Bad timing, according to an Associated Press report that seeds for some popular veggies might be in short supply ...
Mitch Lipka
Mitch Lipka Filed under: Recalls, Consumer Ally

Deaths spark crib recall: CSPC says to stop using Generation 2 and ChildESIGNS cribs

The U.S. Consumer Product Safety Commission is issuing a crib recall and warning anyone with Generation 2 Worldwide or "ChildESIGNS" drop side cribs to stop using them following reports of the deaths ...
Zac Bissonnette
Zac Bissonnette Filed under: Real Estate

Survey says? Homeowners think real estate collapse is over

A Thomson Reuters/University of Michigan survey published last week suggests that most homeowners think the worst is over, and don't anticipate further declines in the value of their properties in ...
Zac Bissonnette
Zac Bissonnette Filed under: Extracurriculars, Recession

Dave Ramsey's recession-themed pick-up lines

Get out of debt guru Dave Ramsey is now in the hookup business. He has provided his fans with a list of recession- and debt-themed pick-up lines. Here are a few of the best ones, with an archive of ...

Headlines from WalletPop Partners