After recession, it’s “mancession”

After recession, it's mancession
Move over recession, Britain now facing “mancession”(Getty images)
The economic recession in the UK has now given way to “mancession”, where an increasing number of women are bagging jobs as compared to men.

The data from the Office for National Statistics reveals that over 120,000 women secured new part-time jobs in the last quarter, while 50,000 men were forced to roam about jobless, reports the Daily Star .

British women have been largely finding employment in education and health sectors, where the personnel have actually increased in the last quarter.

And with thousands made redundant by the construction industry, the current number of employed men in Britain is the lowest in the last ten years.

American economists coined the term “mancession”, where men were facing four fifths of all job losses.

Source: The Times of India

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