Pulse January / February 2021 | Page 54

PULSE POINTS
BY JOSH CORMAN

WOMEN AND THE WORKFORCE

BETWEEN FEBRUARY AND MAY OF 2020 , almost 11 million jobs held by women in the United States disappeared . As a result , female unemployment reached double-digits in the U . S . for the first time since 1948 . And high unemployment rates were just part of COVID-19 ’ s economic fallout — women also left the workforce altogether at higher rates than men in 2020 . In September of last year alone , more than 850,000 women dropped out of the workforce , compared to just 216,000 men .
Why were women so disproportionately affected by the pandemic ’ s impact on the job market ? There are a couple of reasons , actually . First , women hold the majority of positions in the sectors , such as retail , leisure and hospitality , that the pandemic hit hardest . Second , because women often perform the majority of childcare duties , disruptions to the childcare industry and widespread movement toward virtual schooling has made it difficult for many women who were laid off or furloughed to return to their
52 PULSE JANUARY / FEBRUARY 2021