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‘Shecession’: The Pandemic’s Impact On Women In The Workforce

The ‘shecession.’ More women are losing their jobs than men. What’s the long-term impact on families?

“865,000 women left the workforce last month” — “The figure captures the enduring challenges faced by women who make up the majority of the workforce in fields that have been hardest hit by social distancing and COVID-19 – particularly retail and hospitality – and the ongoing dissolution of the child care industry that has left many working mothers without options. “

“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.”

“One in four women are considering downshifting their careers or leaving the workforce entirely because of the impact of COVID-19, according to a new report.”

“The Great Recession hit male-dominated professions hard. This time around, women are bearing the brunt of the economic crisis. They must be at the forefront of our recovery.” Read more via WBur

Pemo Theodore

Pemo is a Media Publisher & Event Producer. She is CoFounder/CEO Silicon Valley TV She is the Executive Producer of FinTech Silicon Valley & organizes Bay Area FinTech meetup: Silicon Valley FinTech meetup & Blockchain Music meetup with almost 3k members. She has produced Silicon Valley Events for Investors & Startups 7 years. She video interviews venture capitalists & angel investors & FinTech experts. She partners with videographers to cover San Francisco Bay area startup conferences & meetups with livestreaming, video & foto packages Silicon Valley TV She is based in Silicon Valley & has been involved in online business for 14 years. She has been in small business for 46 years in Ireland, London, Canada & Australia. She also published a free ebook (the findings of 1 year research from VCs, angels & women founders) “Why are Women Funded Less than Men? a crowdsourced conversation” She was TheNextWomen‘s most prolific contributor of 2011. Silicon Valley TV has been noted as a platform for supporting high growth women led companies in Huffington Post

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