Economic Progress Stalls for Women
Jobs data show substantially slowed growth since September. For the first time in the COVID-19 recession, women have gained fewer jobs than men.
Jobs data show substantially slowed growth since September. For the first time in the COVID-19 recession, women have gained fewer jobs than men.
An analysis released today by the Institute for Women's Policy Research (IWPR) shows that women are still almost 40 years from reaching pay equity with men if trends continue at the current pace. Each year the wage gap persists, women fall further behind men in overall earnings and ability to build assets and wealth with a cumulative effect each year in which earnings differences continue.
Women continue to be disproportionately affected by the COVID 19 pandemic as they remain 6.1 million jobs below pre-COVID levels from February, despite making a gain of 800,000 jobs compared with men’s 600,000 new jobs since July.
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The Institute for Women’s Policy Research (IWPR) has received a significant gift from Pivotal Ventures, Melinda Gates’ investment and incubation firm, to create real-world solutions to increase women’s power and influence in society.
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