Economic Impact

SPECIAL FEATURE

FROM THE HEADLINES

What Time Does the COVID Vaccine Class War Start? December 3, 2020 (by Shannon Melero – Jezebel)
Though vaccine distribution is a complicated process that medical ethicists and public health experts have been working out since long before a vaccine was on it’s way, where there’s money, there’s always a way to shoot to the front of any line. 

The Pandemic Has Left Mothers Struggling to Feed Their Kids
November 24, 2020 (by Shefali Luthra – The 19th*)
School closures and the struggling economy have created a national hunger crisis — and experts say it will only get worse as the pandemic deepens this winter.

The US Social Safety Net Has Been Ripped to Shreds — and Women Are Paying the Price November 18, 2020 (by Jessica Calarco – CNN)
The government has systematically underinvested in our well-being, and as a result, people in the US — especially those with limited power and resources — are expected to self-care their way through hard times.

Women Will Likely Feel the Effects of the Pandemic for Generations to Come November 17, 2020 (by Emily Alford – Jezebel)
Women remain among the groups most affected by unemployment and lack of childcare. And both the virus and failures to provide systemic support for those impacted will likely be the source of financial hardship for decades, if not generations, to come.

Why Women Are Leaving The Workforce October 20, 2020 (by Stacey Vanek Smith and Cardiff Garcia – NPR)
The September jobs report revealed a number of key economic indicators for the American economy, but few were as shocking as the figures for labor force exits. Of the 1.1 million people who left the job market in September, more than 860,000 were women.

‘If We Had a Panic Button, We’d be Hitting it.’ Women Are Exiting the Labor Force En Masse—And That’s Bad For Everyone October 17, 2020 (by Abby Vesoulis – TIME)
The United States is in the midst of a crushing economic recession, COVID-19 infection rates are spiking, and thousands of schools and childcare facilities have yet to reopen in-person classrooms. The group bearing the brunt of this torrent of bad news? Women.

Why Did Hundreds of Thousands of Women Drop Out of the Work Force? October 13, 2020 (by Alisha Haridasani Gupta – New York Times)
The September jobs numbers, released by the Labor Department on Friday, confirmed what economists and experts had feared: The recession unleashed by the pandemic is sidelining hundreds of thousands of women and wiping out the hard-fought gains they made in the workplace over the past few years.

Women Drop Out of Workforce at Fastest Clip Since Virus Peak October 2, 2020 (by Catarina Saraiva – Bloomberg)
Women, especially those in the age group most likely to have young children, are dropping out of the job market at the fastest pace since the height of the pandemic as many schools and child care centers remain closed.

The COVID Recession is Driving More Women than Men from the Job Market October 2, 2020 (by Justin Ho – Marketplace)
One of the disturbing signs in today’s jobs report was the downtick in the labor force participation rate. Basically, it means fewer people are out there even looking for work right now. It’s a statistic with a huge gender gap: Four times more women than men dropped out of the labor force last month.

865,000 Women Left the Workforce in September October 2, 2020 (by Chabeli Carrazana – the 19th*)
The nation’s first female recession deepened in September: More women left the labor force than the total number of jobs the country added last month. About 865,000 women dropped out of the workforce, compared to 216,000 men.

More Than 860,000 Women Dropped Out of the Labor Force in September, According to New Report October 2, 2020 (by Courtney Connley – NBC)
As the economy slowly tries to recover during the coronavirus pandemic, new data shows that women are still being disproportionately impacted by today’s crisis.

COVID-19 Recession Hit Women Especially Hard. We Need Bold Policies to Promote Equality. September 23, 2020 (by C. Nicole Mason – USA Today)
To dig out of the coronavirus economic crisis and to ensure an even recovery, we will have to go big.

The Coronavirus Could Set Back a Generation of Women August 4, 2020 (by Erica Pandey – Axios)
The coronavirus’ disproportionate impact on women workers is eroding years of progress. In the long run, the pandemic could chip away at women’s representation in the workforce and widen the gender pay gap, experts say.

America’s First Female Recession August 2, 2020 (by Chabeli Carrazana – The 19th*)
When coronavirus wreaked havoc on the economy, it was women who suffered the most. In three months, they’ve lost a decade’s worth of economic advancement.

Gender and Racial Inequity During Crisis: The Pay Gap July 2020 (Time’s Up)
To better understand people’s perceptions about the pay gap, study how the COVID-19 pandemic and economic crisis may affect the drivers of the pay gap, and learn what women feel they need to achieve greater financial security, TIME’S UP Foundation commissioned PerryUndem to field a national survey

Gender Gap in COVID-19 Unemployment May Exacerbate Gender Inequality July 12, 2020 (by Binah Schatsky– The Daily Northwestern)
Is COVID-19 widening the gender gap? New research showing that women are being disproportionately targeted by the COVID-19 economic downturn indicates this may be the case.

Study: 85 Percent of Women-and Minority-Owned Businesses Believe They Won’t Survive Next Six Months July 11, 2020 (by Bobby Cuza  – Spectrum News NY)
It’s become clear that many of the businesses forced to close down during the COVID-19 pandemic will never reopen. But for those owned by women and minorities, it’s almost all of them.

Women, Minorities Disproportionately Reliant on Jobless Aid, Data Shows July 9, 2020 (by Eleanor Mueller  – Politico)
“It is not a stretch to say this policy choice is also a racial justice policy choice,” the Economic Policy Institute’s Heidi Shierholz said.

Why the COVID-19 Financial Crisis Will Leave Lasting Scars on Gen Z July 6, 2020 (by Lauren Aratani – The Gardian)
The effects of this economic downturn will likely be felt for years as people born between 1997 and 2012 try to start careers and build savings with an economy that was struck to rubble.

Why the Pay Gap for Working Moms Is a Race Issue Too June 4, 2020 (by Jennifer Siebel Newsom- TIME)
The mother’s pay gap is a result of a combination of factors, and each one is more insidious for women of color.

New Data Suggest COVID-19 Is Widening Housing Disparities by Race and Income June 2, 2020 (by Solomon Greene – Urban Wire)
Racial and economic disparities in access to safe and affordable housing existed long before the COVID-19 pandemic, and new data from the US Census Bureau suggest that the pandemic—and its economic fallout—is only widening these divides.

The Coronavirus Recession Is Hitting Women the Hardest May 11, 2020 (by Anneken Tappe – CNN Business)
The coronavirus recession is devastating America’s labor market — and by almost every measure, it’s worse for women than any previous economic slump.

Our Economic Recovery Depends on Policies that Benefit Women May 6, 2020 (by Jennifer Siebel Newsom and Heather McCulloch – CNN Business)
Our public policies and private sector practices are rarely designed to support the dual roles of women, leaving us all vulnerable as a result.

COVID-19 Has Been Harder on Women Business Owners. These 11 Resources Can Help April 16, 2020 (by Connie Lin – Fast Company)
From offering grants to gathering resources, many organizations have mobilized to support female entrepreneurs during the global pandemic.

The Coronavirus Is a Financial Crisis for Women April 10, 2020 (by  – Lean In)
New research by LeanIn.Org reveals that this economic crisis is impacting women most of all.

The Economic Impact of Coronavirus on Women Is ‘Devastating’ and Exacerbating Gender Inequality, Says Facebook’s Sheryl Sandberg April 10, 2020 (by Alexandra Hutzler – Newsweek)
Because women are likely to bear the brunt of the coronavirus-related recession, Facebook’s Sheryl Sandberg said she sees the global health crisis as a wake-up call for the country to address long-existing gender inequalities.

During Coronavirus Pandemic, Women’s Unemployment Exceeds Men’s in Almost All Sectors April 9, 2020 (by Roxy Szal – Ms. Magazine)
Of the 701,000 coronavirus-related job losses in the months of February and March, the majority—60 percent—were held by women.

Why This Economic Crisis Differs From the Last One for Women March 31, 2020 (by  – The New York Times)
Unlike the financial crash of 2008, this downturn will likely lead to more job losses for women, according to new research.

During the Coronavirus Crisis, Equal Pay Is More Important than Ever  March 31, 2020 (by Emma Hinchliffe – Fortune)
Women lose out on lifetime earnings to weather an economic crisis.

The Wage Gap Has Made Things Worse for Women on the Front Lines of COVID-19 March 31, 2020 (by Maya Raghu and Jasmine Tucker – National Women’s Law Center)
The over-representation of women and women of color in low-paid jobs means women on the frontlines of COVID19 defense are being consistently undervalued as they do the work that the rest of the country is depending on as never before.

Your Complete Guide to Emergency Funding: Everything Female Founders Need to Know (by Anna Jornlid – The Helm)
From how to access SBA Disaster Recovery Loans, to grants and relief packages, this guide is a frequently-updated list of everything women-led businesses will need to weather the impacts of Coronavirus.

Women Are Hit Hardest by Impact of Coronavirus March 31, 2020 (by Lt. Governor Kathy Hochul and Lauren Leader – The Hill)
It’s not just women in health care who are bearing the brunt of this crisis. Women comprise the majority in most of the economic sectors hit hardest economically by the shut down of our economy.

Will Women’s Movements Lead Us Through COVID-19?  March 27, 2020 (by Radha Friedman –  Medium)
If ever there was a time to double down on investing in women and girls, it’s now.

What the Stimulus Does for Women March 27, 2020 (by Elizabeth Ralph –  Politico)
A look at the key provisions of the stimulus package that will benefit women.  

Leaders or Hucksters? March 21, 2020 (by Jacki Zehner – JackiZehner.com)
We have, and always will, live in times of hucksters and leaders, and it has and will always be up to us to figure out who falls into which bucket. What I can do, what we all can do, is pay attention. Make note. Remember. Act.

Coronavirus and Your 2020 Fundraising Goals: What Nonprofits Need To Know  March 11, 2020 (by Alyssa Wright – ForbesWomen)
Nervous about the impact of the coronavirus on your fundraising plans? Tips to keep you on track to hit your goals.

COVID Gendered

COVID Gendered provides news stories, research reports, action items, events, and other forms of content that look at the global crisis through a gendered lens, amplifying efforts to create change.

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