the female economy 2020

 

The COVID-19 pandemic, by any measure, has been a blow to that identity. make sure you're on a federal government site. Goldin dubbed women's change in self-identity—from having a job for a while to having a career—a quiet revolution. In “The Impact of COVID-19 on Gender Equality” (National Bureau of Economic Research, Working Paper 26947, April 2020), researchers Titan Alon, Matthias Doepke, Jane Olmstead-Rumsey, and Michèle Tertilt suggest that more women in the United States will have lost their jobs because the industries they tend to work in have been harder hit by the effects of the pandemic. This drop reflects only those who have stopped working or even looking for work. The study points out two major reasons that the current recession is tougher for women. /content/admin/rand-header/jcr:content/par/header/reports, /content/admin/rand-header/jcr:content/par/header/blogPosts, /content/admin/rand-header/jcr:content/par/header/multimedia, /content/admin/rand-header/jcr:content/par/header/caseStudies. The world won't look the same in 2021. Notably, the relationship between female labor force participation (FLFP) rate and economic development is “u-shaped” (Figure 2.3). Or, notice that women with a child younger than 2 had higher labor force participation in September than in January. In the month of April, when the U.S. economy shed 22.5 million jobs, labor force participation cratered for both genders, but most of those losses were recovered over the summer. There is still a significant lag in fulfilling the promises of equality at work, with a 100-year gap from female representation in leadership to pay equity. That's because 70 percent of the U.S. economy is based on household spending. Are women with more children, or younger children, leaving the workforce in greater numbers? These are considered highly cyclical sectors that typically suffer during “normal” recessions. Only 20 percent of single parents reported being able to telecommute compared with 40 percent of married people with children. Second, the coronavirus shutdowns have closed schools and daycare centers around the country, keeping kids at home and making it even harder for parents (especially mothers who tend to provide the majority of childcare) to keep working. Encouraging women to work is standard economic policy. But a federal social insurance program for family leave would be portable across employers and states, and available to all wage earners. The RAND Corporation is a research organization that develops solutions to public policy challenges to help make communities throughout the world safer and more secure, healthier and more prosperous. Candidate, Pardee RAND Graduate School. The 30-year-old single man who has no children and never intends to has something to gain from such policies, too. Federal government websites often end in .gov or .mil. That may work best for their family, but it still shrinks the economy relative to what it could be. If we've reached the limit of what the quiet revolution could do, what would a supported one look like? Becky Frankiewicz President, North America, ... and progress? But women aren't sitting it out so much as being shoved out by disproportionate job loss, shuttered schools, lack of childcare, pay disparities and lack of public policy to support working women. 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