Women More Likely to Lose Jobs
Swedish women could be more likely than the men to lose their jobs during the credit crunch. A report by the Swedish Trade Union Confederation (LO) shows that 100 000 more women than men have insecure forms of employment. They are therefore more at risk in times of financial instability.
This insecurity stems from time limitations in the women’s contracts. Out of the women, 18% are on fixed term contracts, while the corresponding figure among the men was 13%. Altogether 352 000 women and 252 000 men are on fixed term contracts. The discrepancy is largest among young people. Out of the 16-24 year olds, 61 % of women and 41% of men are employed on a fixed term basis.
According to LO the report shows a work market clearly still dominated by inequality between men and women. There is still a larger percentage of fixed term contracts in professions dominated by women. LO’s Per Bardh said in a press release that if this is to change, better rules are needed regarding fixed term employment.