Quick Hit: The Other Home Equity Crisis

Judith Warner at The New York Times writes about Congress’ new report, “Equality in Job Loss: Women are Increasingly Vulnerable to Layoffs During Recessions,” and says,

Women left the workforce when the cost of child care ate up their entire after-tax salaries, or when family-unfriendly workplaces pushed them out. Or when, like women without children or men with and without children, they were laid off in a bad economy.
But these naysaying voices have been largely shouting in the wind. No one has really wanted to hear that the much-vaunted new “choices” weren’t really choices at all. No one’s been scouring obscure academic journals for the real skinny on women’s progress. No one’s been too eager to embrace grim facts over more-glorious fictions.

Make sure to check it out…