865,000 women have dropped out of the workforce in September of 2020 alone, compared to 216,000 men according to new data from the US Bureau of Labor Statistics. Though the Covid-19 pandemic has negatively affected employment for many people across the globe, these figures are devastating both for women and the economy.
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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?
American capitalism needs equal-pay legislation. Canada is showing us how to make it work
Achieving the ideals of stakeholder capitalism requires a comprehensive restructuring of “the way things are.” Take, for instance, how companies value their employees—it’s not equitably. Must we repeat the tired fact that women earn only 82 cents for every dollar white men earn? And that for women of color, the pay gap is even worse, with Black women earning 62 cents and Latinas earning 54 cents on the white male dollar?
One in 4 women considering ‘downshifting’ or leaving the workforce during Covid-19
One in 4 women are considering downshifting their careers or leaving the workforce because of Covid-19, according to a new report from McKinsey & Co. and the Sheryl Sandberg-founded organization Lean In — a statistic that may not surprise women juggling caregiving duties and working from home during the pandemic.
Urging Newsom to sign AB 3216
AB 3216 is vital to ensuring an equitable COVID-19 recovery in Silicon Valley and throughout the state. This bill will provide job security to those who have been hit the hardest by the shutdown.
