How covid-19 triggered America’s first female recession in 50 years

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Last year the share of women on American payrolls fell from 50% in March 2020 to 49.1% two months later, before inching back up to 49.8% IWD2021

RECESSIONS TYPICALLY hit men harder than women, not least because they tend to disproportionately affect male-dominated industries, such as construction and manufacturing. In the recession of 2008-09, for example, men accounted for some three-quarters of American job losses. The most recent downturn, by contrast, has weighed on female-dominated sectors, such as retail and hospitality. Last year the share of women on American payrolls fell from 50% in March 2020 to 49.

School closures mattered, too. The San Francisco Fed researchers also compiled a state-level “school-disruption index” based on the share of respondents reporting interruptions to their children’s schooling. Unsurprisingly, they found that parents in states where most schools remained shut last year, such as California, fell out of the workforce at higher rates than those in states where schools were kept open for longer, such as South Dakota.

Women have begun returning to work, but they have a lot of catching up to do. In America just 55.8% of women are active in the workforce. Prior to last year, participation has not been this low since 1987. Elsewhere women have suffered similar woes. According to a recent study from McKinsey, a consultancy, women make up 39% of the global workforce but accounted for 54% of the job losses from the beginning of the covid-19 pandemic to June last year.

 

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Theyre all doing pretty well on only fans is that part of the calculation?

More good news please(((

the last time the U.S. collaborated with a repressive communist regime they created North Korea, but fuck it right

thank you very much for your work

And school closures had a lot to do with it! openschoolsnow MayorOfLA GavinNewsom AustinLASchools nickmelvoin

Finally some good news

This needs clarifying about the types of jobs, as many ladies were involved in tourism, schools, offices, & hospitality businesses, which all are in lockdown or freezing & slowdown conditions. Statistics is a very professional matter that can't be easily used for generalization.

Can we go somewhere today?

T𝐨 𝐫𝐞𝐜𝐞𝐢𝐯𝐞 𝐠𝐨𝐨𝐝 𝐩𝐫𝐨𝐟𝐢𝐭, 𝐭𝐫𝐲 𝐚𝐧𝐝 𝐞𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐨 Alexandra 𝐚𝐧𝐝 𝐢 𝐚𝐦 𝐬𝐮𝐫𝐞 he 𝐰𝐢𝐥𝐥 𝐚𝐥𝐬𝐨 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮 𝐚𝐧𝐝 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐚𝐥𝐬𝐨 𝐛𝐞 𝐭𝐞𝐬𝐭𝐢𝐟𝐲 𝐚𝐧𝐝 𝐭𝐨 𝐬𝐩𝐫𝐞𝐚𝐝 𝐡𝐢𝐬 𝐠𝐨𝐨𝐝 𝐧𝐞𝐰𝐬 Alexadra_Alison

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