Before the pandemic, women were at a disadvantage. Now, their challenges have increased!
One of the most significant problems is a gender pay gap. Women on average earn 80% of what men earn, and in many demographics and industries the gap is much larger.
Men will apply for a promotion for a job if they feel they are 60% qualified; women expect to be 100% qualified.
More than 50% of men negotiate salary, less than 10% of women do.
Women were overrepresented in the low-paid, more contingent, less stable jobs in these sectors of the economy in the first place. They were the ones standing on the edge of the cliff, and it isn’t shocking that they are the first ones to lose their footing. Emily Martin, National Women’s Law Center
COVID-19 Is Fast Becoming a Women’s Economic Crisis.
Women are doing more work at home, facing more job losses and doing more of the dangerous essential work during the coronavirus pandemic. The unemployment rate for women stands at an unprecedented rate — 15.5% — the first time ever that U.S. women have faced a double-digit unemployment rate. For Black and Hispanic women, it’s worse: 16.4% and 20.2%, respectively. The unemployment rate for men is 13%; for white men, it is 12.4%. Reported in Huffington Post in May 2020 in article by Emily Peck
Women need training in technology, job search, and salary negotiations skills to find better jobs. They also need a support system to help them build confidence to compete for these jobs.