The ‘shecession’: why economic crisis is affecting women more than men | The Guardian

From February to May, 11.5 million women lost their jobs compared with 9 million men – underlining how women are more vulnerable to sudden losses of incomeDenise Frederick hasn’t stopped working since the pandemic began. But the nanny and home carer in New York City has also seen her pay cut in both jobs and she is uncertain about how long she will have either with the coronavirus outbreak far from under control.Like many women, the economic fallout from the coronavirus pandemic has hit Frederick hard. For the first time in history, the US is in a “shecession” – an economic downturn where job and income losses are affecting women more than men. Continue reading…

From February to May, 11.5 million women lost their jobs compared with 9 million men – underlining how women are more vulnerable to sudden losses of income

Denise Frederick hasn’t stopped working since the pandemic began. But the nanny and home carer in New York City has also seen her pay cut in both jobs and she is uncertain about how long she will have either with the coronavirus outbreak far from under control.

Like many women, the economic fallout from the coronavirus pandemic has hit Frederick hard. For the first time in history, the US is in a “shecession” – an economic downturn where job and income losses are affecting women more than men.

Continue reading…