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Username: ForexGuy

Rating:
Guru Stars

Asked to: Jun Wang

Date Created: 06 Jul 2016
Category 28
Tag Financial
Question Please give the definition of 'Mancession'.
Advice from Guru
Hi ForexGuy,

An economic instance in which the unemployment rate is substantially higher among men than it is among women. The term "mancession" was coined during the financial crisis of 2008-2009, during which men bore the brunt of the job losses in the United States, at rates close to 50% higher than those of women.

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