Gloria Steinem on men, women and power

In early 2010, for the first time ever, women made up the majority of the United States workforce. However, that balance may not last. At the beginning of the economic meltdown, we started hearing about a so-called “man-cession,” since the industries shedding the most jobs were those dominated by men. Now news reports are telling us we’re at the beginning of a “he-covery.” Since June 2009, men have been gaining jobs while women have been losing them. And even before the recent economic downturn, women were still underrepresented in top leadership positions with only three percent of Fortune 500 companies led by women even though they make-up over half of all corporate entry level positions, according to a 2011 McKinsey & Company report.

To understand these disparities, and to take a hard look at the challenges facing women today, Need to Know correspondent Stacey Tisdale sat down with feminist icon Gloria Steinem, the author and activist, who has been fighting for women’s rights and social justice issues for more than 40 years. In 1972, Steinem co-founded Ms. Magazine and she continues to serve as a consulting editor there today. In 2005, she founded the Women’s Media Center. She has written six books including four best sellers, and now lectures and on issues of equality in the United States and abroad.

Watch the rest of the segments from this week’s episode.

 
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