U.S.A. Economy News: Female

ByDavid E Gerrard

Recent figures show that levels of unemployment among women are at their highest since the 1980s, with more redundancies set to come in the New Year. Due to massive public sector and retail industry cuts and a significant increase in childcare costs, the employment rate and financial position of women with children in the UK is now lower than in most other OECD countries, where we currently rank 19th. The Office for Budget and Responsibility recently predicted that overall unemployment will rise from 8.3% to 8.7% in 2012, equating to a loss of approximately 120,000 jobs which could increase to 710,000 by 2017, while the economy itself will only grow 0.9%. With two-thirds of public sector and retail jobs held by women and the looming possibility of a double-dip recession affecting high-street spending, the future does not look bright.

Despite the bleak outlook, the construction industry is crying out for more female workers with many consumer polls indicating that homeowners are more comfortable with women in their homes because they find them more trustworthy and less intimidating. Specifically, many female homeowners find the experience of having male workers in their homes not preferable, with 50% saying that they would be more comfortable with a female contractor. In research conducted by the National Inspection Council for Electrical Installation Contracting (NICEIC), 47% of women felt intimidated when having to deal with a male electrician and 31% said they would be more likely to trust a woman's opinion. 11% confess that they will only have a man around if they are not alone. In light of these statistics, now may be the perfect time for women to retrain with a gas, electrical or plumbing course and enter a new industry which offers healthy prospects.

In the current employment climate, women with manual skills are set to be more successful than those with administrative skills. According to a report from Working Links, vacancies are more numerous in areas of manual trade such as welding and construction, whereas administrative, sales and customer service positions are few and far between, especially in heavily affected areas such as the East Midlands. Opportunities for women in other hands-on professions such as transport driving and hairdressing have also risen in recent years, although of course, the picture varies from region to region.

RF Training is a vocational training provider currently based in Birmingham and Manchester. We offer plumbing courses, electrician training, and gas courses to a wide selection of students.

Visit the RF Training website for more information on the courses we offer.

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News and Society: Economics
David E Gerrard

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Economics Article FeedFind More ArticlesSearchRecent ArticlesHow To Solve The Homeless SituationProgressivism Isn't Progress, VIIIHow Secure Is Your "Secure" Job?A True Comparison Of Increasing Debt Between Bush And Obama AdministrationsHow To Compete With ChinaWould Einstein Think Us Insane?What Will Happen If Greece Defaults?A Cluster of (Minor) ErrorsThe US Recovery Is Producing SurprisesA Sigh Of Relief For The Economic Status Of The USSubmitted On January 03, 2012. Viewed 12 times. Word count: 416.

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by Dotun Adewunmiin News / Business News (submitted 2012-01-25)

Mandy is a career-minded, driven, intelligent & ambitious young woman, in her late twenties. She's highly educated, hard-working & tenacious. Her track record is intimidating: She consistently outperforms her older colleagues employed longer than her & isn't afraid to boldly be the best. Not easy to beat as she rarely takes no for an answer. She's turns over tens of millions for her company annually & jumps to every new challenge. She's a go-getter. She's vying for the top. She's a flea in a covered jar.

In her eight years of working for a major blue-chip organization listed in the top 20 of Fortune 500 companies, she's trained over 40 interns & junior staff, retained 2 of them to her own team, been instrumental to the subsequent impressive performances of 30 of them & has ensured a fast track promotional program for one of the them to join the handful of business intelligence analysts, in the private equities wing of the multinational group employing her. She oversees a few billions in customized investment vehicles for an aristocrat dynasty in Northern Europe. Over the past four years, she has grown their profit by 35%. She's the real deal. If you gave her a buck to invest, she would ask you in what denominations you would want to receive the five-thousand-fold increase the week after. She is top of her league & everybody knows it. Mandy is the business.

For the past four years, she's been a capacity building mill. Batch after batch of newbie, ivy league college grads, she's been training, to the enormous growth/performance of her division. When the in-house, elite training program started, she was picked to run it, from a short list of three: 2 men & herself. She didn't have to do much to get the opportunity in the first place - she had been doing way too much ever since she started to show the firm she was nothing less than perfect to become the next CEO. Much to the Board's dislike. She trains young professionals with heart, complete devotion & earns a healthy bonus from every training installment, that boosts the happiness of her euphoric bank account. Mandy is eight months away from turning 30. She's already made enough money to retire into a quiet, suburban lifestyle for the rest of her life. Nonetheless, she is a wealthy slave. As much of a powerhouse as she is to the company, she has no power, just enormous capabilities. It's driving her mad!

Mandy represents a movement, a dangerous one to the senior technocrat custodians of 'Old Money'. Wherever the Board works, they implement their traditions/culture underpinning their values/beliefs of work & reward, with them. If they go into e.g. mining, the company will be built in a hierarchical order that complements the way they lead businesses: totalitarian, colonialist, chauvinistic & heartless. The top one percent of Mandy's multinational group are nonetheless well attuned to our time & perform to pinnacle standards every year. Even when they have a bad year & miss their profit margin, they're still in the top 10 of best industry earners. Mandy is denied her right to take part in that, to excel in an extremely high level of management, leading & performing, because for the past three years, 20% of the total number of trainees she's developed have been placed on promotional paths, that lead to the top echelon - and they're all men.

Mandy's vexed! She's realized that she's reached the point where she's about as good as she'll ever get. That's for the rest of her career. It doesn't matter if she gradually notices more workers rising to the top whom she she knows aren't up to her caliber: They fit the profile & as far Mandy is concerned, from the Board's perspective, she's payed her dues & is given her reward - A fat paycheck, time & time again, just no breakthrough! Indignation, it's happens to the most of us. It happens to the best of us. It happens to women! From the outside looking in, Mandy hasn't got much to complain about. She owns a new S5, a lush 2-bedroom apartment, has the looks to get any man she wants but is waiting to fall in love & can afford a Black Card (provided she only eats modestly, & takes no holidays for the rest of her life). She does better than most & that's not just women! So, what could she possibly be missing? Isn't money everything? In a retail, consumerist world, yes! Just not in the world of movers & shakers, who have the real power to make things happen & set standards. Isn't that what we're all about? To blossom in our full potential? Money by itself doesn't buy that. That's why top athletes leave inflated contracts, in the hunt for that missing championship medal they haven't earned yet. That's why actors choose ground-breaking roles over blockbusters because they're looking for that accomplishments (the really good ones anyway). That's why Wall Street brokers quit to open small restaurants. That's also why Mandy is getting partial-psychological, postmortem blues with her depression about the invisible atrocity that's preventing her from soaring any higher: The Glass Ceiling!

(The above writing is a work of fiction, based on real issues, to paint a picture of the concealed extent, to which women are ruthlessly exploited in the 'modern' day. Any resemblance of the lead character to any person living or dead, is purely coincidental. Any trademarks, service marks, product names or named features herein are assumed to be the property of their respective owners, and are used only for reference. There is no implied endorsement if I use one of these terms, although I do think they're very cool.) About the Author

There are more than 3 billion females in the world, the majority of whom are enslaved by unscrupulous men, to a life of incessant beatings, emotional/psychological abuse amongst many other grotesque crimes, living without their fundamental human rights. Learn more about gender inequality: Explore articles, comics & animations about the heinous crime - visit the UN Award-winning 'Mother Nature - A Satire on Gender Inequality' @ http://dotunsblog.wordpress.com NOW and join the campaign against global gender inequality!
Fight gender inequality! It affects you in more ways than you know!

Dotun Adewunmi