As the overall job market stumbles back, women still struggle to recover lost employment

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As the job market stumbles back, women still struggle to recover lost employment. 'Policymaking has not accounted for the fact that people’s work lives and their personal lives are inextricably linked — if one suffers so does the other,' Sec. Yellen says.

“One of the things about this crisis is that it is multilayered,” Kate Bahn, director of labor market policy and an economist at the Washington Center for Equitable Growth, told NBC News. “Women are overrepresented in the highest risk jobs [and] most marginalized women have used child care that is not addressed by public policy; it just reached a crescendo.”

“It’s been a double whammy here on women impacting work at home and dramatically increasing the impact on certain occupations,” Ellingrud said. The U.S. could be on track to see roughly $2.4 trillion shaved off its gross domestic production without interventions to drive women’s employment, Ellingrud said. Women also raise wages across the board for all workers, according toEven with targeted support, women’s employment will not recover to pre-pandemic levels until 2024, a full 18 months after overall jobs recover, according to McKinsey.

 

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There will never be free daycare or free healthcare. They aren't a right in most of the world and there's no reason why they should be in the USA. No state has the money.

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Why America's economic recovery is stumbling as experts badly misjudge the labor marketBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. God is holy, we must also be holy. Accept Jesus (hope) Holy Spirit (Righteousness) I worked 60 hour weeks making $11/hr for four years. By the end I was making $12.50/hr. My employer did not provide traditional health insurance coverage, and I almost died from Swine Flu in 2018. If employers want to act like the economy runs on despair, then it shall be so.
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