There are more women on American payrolls than men as of the latest U.S. jobs report.
Why it matters: The data reflects a hiring boom in industries that are female-dominated, while sectors that are more likely to employ men are lagging in job gains. The last time women overtook men in payrolls was “during a stretch between June 2009 and April 2010,” according to the Wall Street Journal, which first reported the milestone.
What they're saying: The reason “comes down to what industries are expanding and which ones are contracting,” Megan Greene, a senior fellow at Harvard Kennedy School, tells Axios.
- By the numbers: Women make up 22% of employees in goods-producing sectors (like mining, construction and manufacturing), as of last month.
- But they make up 54% of services-oriented jobs, including gigs in industries like health care and retail.
- The services sector is healthy, while manufacturing has seen pain from the trade war. Additionally, services make up a bigger chunk of the U.S. economy.
Other factors may also be at play. For one, the unemployment rate is at a half-century low, shrinking the pool of readily available workers and forcing companies to consider candidates they otherwise wouldn’t have.
Between the lines: Another employment survey of households by the Labor Department shows a persisting gap between men and women. By that measure, 84 million men say they have jobs, while 74 million women say are employed.
- "Men are more likely to hold jobs not counted on payrolls, including the self-employed and farm laborers,” as the Journal notes.
- “And women are more likely to hold multiple jobs.” A single person can be counted twice if they hold multiple jobs in the data shown above.