Women leading the economy

I read an interesting article in Newsweek, explaining how women are poised to become the most important and leading force of the post-recession era.

Actually, women represent a real driver of the economy as they make the majority of the purchasing decisions.

Besides that, women’s role in the world has significantly changed in the past decades:

· Access to education around the world has improved and colleges in Europe and in the United States became equally open to boys and girls.

· Laws changed to give women equal representation to their male peers.

A significant change is being observed.

Women from the previous generation, who tended to be paid less than their male peers, are retiring, leaving the place to a younger group with equal education that male. However, studies show that a woman with the same level of education and the employed at the same position than a man still tends to be less paid than him.

Hit by the crisis, companies had to licentiate people with a high salary in order to save money. Therefore, according to the article, 80% of the job losses in the United States were held by men, allowing women to access to high positions.

The article was interesting as it brought a new light on an unobvious aspect of recession and pointed out that the recession can benefit a certain category of person while hurting even more another one.