Unlike the 2008 recession, Covid-19 is harder on jobs held by women

Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not represent the views of MSN or Microsoft. Meanwhile, the retail trade sector—also heavily dominated by women, who represent 73.2% of all employees in clothing stores, for example—lost 2.1 million jobs. And in the leisure and hospitalitysector, which has been the hardest hit, with jobs plummeting by 7.7 million, women account for 51.2% of workers. “That’s certainly due to the fact that women have to drop out of the labor force to look after children,” says Julia Pollak, an economist at ZipRecruiter. Many of them entered the ranks of the long-term unemployed and would be linked to disproportionally high rates of suicide and opioid addiction. Given the widespread impact on the labor market, Pollak says, “to the extent we saw terrible and social impact last time, we could very well see those again.” The latest figures on labor-market participation—measuring the share of the population that is employed or actively looking for work—underscore that female attachment to the labor market is typically weaker, says Pollak. Gallery: Coronavirus turns the world into a ghost town (The Atlantic) When the labor market starts strengthening, women’s participation may suffer further if childcare options aren’t readily available, says Nick Bunker, an economist at Indeed.