US economist says Covid may have driven many women out of the labour market

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Pandemic may have driven many women out of the labour market, US economist warns via IrishTimesBiz

The initial rise in unemployment triggered by the pandemic was larger for women than for men, prompting the term “she-cession”.force participation rates among women in the Republic have remained low by international standards despite rising wages and more career opportunities.

As one of the US Federal Reserve’s 18 top officials, Ms Daly is responsible for setting US interest rates, a hot topic of debate at the moment with inflation at a near 40-year high of 6.2 per cent in the US. “If we act too aggressively to offset the high inflation that’s caused by these supply and demand imbalances we won’t actually do very much to solve the supply chain problems but we will bridle the economy in a way that will mean less job-creation down the road,” she said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

IrishTimes Ok. Then give them some of the money you print.

Singapore Singapore Latest News, Singapore Singapore Headlines