alstin communications

There is no doubt this recession has adversely affected men more than women. 80% of job losses in the last two years were among men. With the loss in manufacturing jobs (7 out of 10 workers are men) and residential construction (9 out of 10 workers are men) and no sign of reversal in sight, we’re in a “Mancession” baby.

In recent a WaPo op-ed, Katty Kay and Claire Shipman call on women to fix this mess. Citing recent studies by reputable firms such as Ernst & Young, McKinsey & Co., Goldman Sachs and stalwart academic institutions Columbia & Pepperdine University, women will play an integral role in getting the American economy out of the recession. Among the findings in the studies, companies with women in senior management roles make more money. They also claim that if more women had been in senior management Wall Street might have averted the downturn (something about hormones and management styles), and that more women in your company equals better performance. It’s a good read and supports why the Mancession might not be getting better anytime soon.

Author Bio:  Anne Hillman, formally known as a Senior Account Executive, is equal parts advisor, drummer, mom and movie-theme-song-karaoke champion. Willing to help clients at the drop of an Eagles' hat, Anne, who's been with Alstin for 12 years and sounds exactly like Jodie Foster, is over-the-top dedicated.

This entry was posted on Monday, August 3rd, 2009 at 7:45 am and is filed under The Daily Update. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.