Women are being impacted by the pandemic more than men—here’s how to potentially mitigate the financial fallout
While the coronavirus pandemic has significantly upended daily life for millions of Americans, it’s had an outsized effect on women when compared to men, both at their jobs and at home.
Of the over 20 million jobs lost in April, the Bureau of Labor Statistics estimates 55% of those cuts affected women. While women had actually surpassed men in the workplace earlier this year, the BLS reported that as of May, women now make up only 49.2% of the workforce, the lowest female employment rate since 2008.
