Gender equality takes a knock during pandemic

Women hit harder than men by job losses as equality moves a bit forward and is then pushed back even furtherGovernments, companies and investors must do more to remedy the harm done to gender equality by the Covid-19 pandemic, experts told a panel at the Reuters Next conference on Thursday.

“If women are not part of the workforce, that will have a ripple effect in the whole economy, the whole society,” said Stephanie Oueda Cruz, head of gender, diversity and inclusion at IDB Invest, part of the Inter-American Development Bank. “They made use of this opportunity to sell online and build a brand,” she said, adding that Tokopedia had seen 1.5 times more women starting businesses during the pandemic than men.

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