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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
MPWEmployment

October Was A Great Month For Women’s Jobs

By
Valentina Zarya
Valentina Zarya
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By
Valentina Zarya
Valentina Zarya
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November 6, 2015, 4:50 PM ET
CNBC EVENTS -- The Republican Presidential Debate: Your Money, Your Vote -- Pictured: Carly Fiorina participates in CNBC's "Your Money, Your Vote: The Republican Presidential Debate" live from the University of Colorado Boulder in Boulder, Colorado Wednesday, October 28th at 6PM ET / 8PM ET -- (Photo by: David A. Grogan/CNBC/NBCU Photo Bank)
CNBC EVENTS -- The Republican Presidential Debate: Your Money, Your Vote -- Pictured: Carly Fiorina participates in CNBC's "Your Money, Your Vote: The Republican Presidential Debate" live from the University of Colorado Boulder in Boulder, Colorado Wednesday, October 28th at 6PM ET / 8PM ET -- (Photo by: David A. Grogan/CNBC/NBCU Photo Bank)Photograph by Getty Images
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Despite what Carly Fiorina says, the employment situation for women isn’t all that bleak.

According to an analysis of the November employment report from the U.S. Bureau of Labor Statistics (BLS) by the Institute for Women’s Policy Research (IWPR) women in the U.S. gained 158,000 jobs last month. Most of these jobs were in educational and health services (55,000 jobs) and retail (50,000 jobs).

“This is strong growth and it’s pretty consistent growth,” says Heidi Hartmann, president and founder of IWPR.

October jobs IWPR 2015
Courtesy of the Institute of Women’s Policy Research

Men’s jobs increased by 113,000, meaning that the women’s share of job growth was 58%. “Most months [in the past year], women have a higher share of job growth than men,” Hartmann says.

Carly Fiorina had previously said that “92% of the jobs lost during Barack Obama’s first term belonged to women.” While she later admitted that this statistic wasn’t true, she did insist that “it is factually true that women have been hit very hard by progressive policies.”

It is true that women were “hit hard” during the recession. The women’s labor force participation rate in October was 56.5%—2.9% lower than the rate in December 2007, at the start of the recession. However, men were hit just as hard if not harder: men’s labor force participation rate was 68.7 last month October, 4.4% lower than in December 2007.

Moreover, 2.8 million jobs have been added to payrolls in the past year alone, and more than half (52%) were filled by women.

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