Why the recession resulting from COVID-19 is taking an economic and societal toll on women. A panel of women in science and engineering (WISE) discuss steps manufacturers can take to mitigate the downsides created by the pandemic. Convening at Design Summit 2020, the virtual roundtable asked women to draw from experience and highlight new markers for success: collaboration, diversity and inclusion.
During “normal” recessions, men face greater risk of unemployment than women. But this is not a normal recession: The economic downturn resulting from the how much do computer engineers make pandemic is having a singular effect on women.
One reason, according to a working paper issued by the National Bureau of Economic Research, is that relatively more men work in cyclical sectors such as manufacturing and construction, while women’s employment is concentrated in health care and education. The current crisis has a big impact on service occupations with high female employment shares, such as restaurants and hospitality.
Similarly, a McKinsey study (“Women in the Workplace 2020”) that tracks the progress of women in America found that the unprecedented events brought on by the pandemic have shifted the boundaries between work and home and is disproportionately hurting women’s employment.
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