NEW YORK (Reuters) - Women fared much better than men during the recent downturn, reflecting structural changes in the U.S. economy that make a fast jobs recovery unlikely, according to a Federal Reserve Bank of New York study released on Tuesday.
The unemployment gender gap hit a post-war peak in August 2009, when the jobless rate for men was 11 percent and that for women was 8.3 percent, the study showed. Although the gap has since come off that peak, it remains at a historically high level.
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