The economic recession caused by the Covid-19 pandemic has disproportionately affected women by almost every measure. And, in the US, the economic downturn is hitting women of color the hardest, according to women's research CEO C. Nicole Mason
"We're talking about women who earn less than $40,000 a year, who are ... grocery store clerks, restaurant workers, who if you don't show up for work -- meaning a physical place -- you won't be paid," Mason said on a recent episode of"Coronavirus: Fact vs. Fiction" podcast."So it's just a really very difficult time for many of these women and many of these workers.
Here's how female entrepreneurs are faring during the pandemic 01:28Mason: Let me tell you something. At the beginning of the year, we were celebrating the fact that women were more than 50% of the workforce. We were super excited. But underneath that, I kind of I knew that it wasn't what it was cracked up to be, that many women were struggling even though we were 50% of the workforce. And I also knew that employers, even though women are 50% of the workforce ...
Working mom shares WFH tips and tricks 01:30If we don't do that, then ... women are not going to, again, like you said, be able to re-enter the workforce and sustain employment or advance in their careers. And we just as a country can't afford that. The economy can't afford it. Because you know what? Women are half of the economy.
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