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Thursday 29th January 2009
Women are 'surviving' the crunch

Women are 'surviving' the crunch

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There is very little proof that the current recession is affecting women in business more than it is men.

That is the view of the Chartered Institute of Personnel and Development (CIPD), which has suggested that women are not losing their jobs at a faster rate than men.

Dr John Phillpott, chief economist and public policy director at the CIPD, observed that as there are more women in the workforce than in previous recessions, more may become unemployed.

"Yet while one can't yet rule out the possibility that women will lose out relative to men in the jobs stakes as the recession unfolds, this is categorically not true of the jobs downturn to date," he said.

"The suggestion that women are being relatively hard hit by the recession thus looks to be something of an exaggeration."

He added that there has been a rise in part-time employment, which both genders have been able to take advantage of in the last few months.

Opus Research has revealed that 25 per cent of firms are determined not to cut IT spending despite the recession.

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