The She-Cession Persists, Especially For Women Of Color
from the St Louis Fed -- this post authored by Meredith Covington, Manager, Supervision Policy, Research and Analysis Manager; and Ana H. Kent, Policy Analyst, Center for Household Financial Stability During most of the coronavirus pandemic, women have faced higher unemployment rates than men, as the pandemic affected sectors with high shares of female workers, particularly in service professions. Moreover, the closures of schools and day care centers and the implementation of remote learning have increased child care needs, which disparately affect working mothers. A September McKinsey stud...
Source: econintersect.com