Women See Economic Crisis as More Severe

According to recent New York Times/CBS News polls on the economy, 58 percent of women surveyed thought the economy was very bad, compared with 41 percent of men. More than seven out of ten (72 percent) women thought the economy would worsen, compared with 61 percent of their male counterparts.

Women Have a More Intense Experience of the Economy

North Carolina’s unemployment rate has hit a 25-year high. More layoffs are ahead. The state could run out of money to pay unemployment benefits.

Mecklenburg County is the state's foreclosure epicenter with the largest number of foreclosure filings, by far, and one of the highest rates.

Domestic violence tends to increase during recessionary times.

Increased pressure on household budgets means increased pressure on women who are largely responsible for bill paying, shopping, and making sure the kids are clothed.

Health insurance coverage has declined.

The need for assistance has increased, but charitable contributions have declined.

Women are particularly vulnerable during this economic downturn because of our marginalized status. Women earn an average 79 cents to every dollar earned by a man.

Women are more likely to be hurt by the subprime mortgage crisis, having received a disproportionate share of the risky loans, compared with prime mortgages.

Single-parent households, the vast majority headed by single mothers, are at risk of falling below the poverty level during economic downturns.