Home >

Women'S Employment Is Hard Hit By The Economic Downturn In The United States

2020/11/11 19:41:00 0

EconomyWeaknessWomen

For a long time, the economic downturn in the United States has mainly impacted the construction and manufacturing industries, which are mainly male workers. However, the economic downturn caused by the new crown epidemic has had a serious negative impact on female workers for the first time.

It is reported that before the outbreak of the epidemic in the United States in December of last year, the proportion of working women in the labor market in the United States has exceeded half. The main reason is that the revenue of the service industry dominated by women has greatly exceeded that of the industry dominated by men. However, after the suspension of commercial activities in the United States due to the new epidemic situation in March 2020, the service industries such as retail and entertainment were first hit, resulting in women's failure Employment is in trouble.

From February to April this year, the female unemployment rate rose by 12.8%, while the male unemployment rate rose by 9.9%, a record difference of 2.9%. This is the first time since the economic downturn in 1970 that the female unemployment rate is higher than the male unemployment rate. During the outbreak, more than 13 million women lost their jobs. At present, some women have returned to work. However, the number of women in employment is still 6 million less than that in February this year.

According to the U.S. Bureau of labor statistics, the female unemployment rate first appeared in double digits in April, reaching 16.2% and 13.5% in men. In September, about 216000 men left the job market, while 865000 women left the job market, about four times as many as men.

The epidemic has also forced schools and child care centres to be closed, and many working women have to reduce their working hours to take on family responsibilities. For a long time, it has a great impact on women's labor force participation, promotion and income. Economists predict that the decline may widen the wage gap between the sexes by 5%, while the wage gap caused by the general economic downturn is only 2%.

  • Related reading

The European Union Announced That It Would Impose Tariffs On No More Than US $3.99 Billion On US Exports To Europe

Global Perspective
|
2020/11/11 19:34:00
0

United States: The Impact Of The Hurricane Is Not Small, Cotton Harvest Interruption In The Central And Eastern Region

Global Perspective
|
2020/11/2 22:08:00
2

Affected By The Epidemic Situation, India'S Textile Industry Can Not Deliver Goods On Time, Resulting In The Loss Of Export Orders

Global Perspective
|
2020/11/2 11:09:00
0

Collapse Of Italian Prato Textile Industry: 5 Enterprises Closed Within 15 Days! Can Chinese Enterprises Survive?

Global Perspective
|
2020/10/30 8:09:00
1

Britain And Japan Sign Free Trade Agreement

Global Perspective
|
2020/10/27 13:53:00
6
Read the next article

11 Day Exchange Rate: 1 US Dollar To RMB 6.6070 Yuan

The people's Bank of China has authorized the China foreign exchange trading center to announce that the central rate of RMB exchange rate in the inter-bank foreign exchange market on November 11, 2020 is US $1