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Women Suffer During Lockdown; Just-in-Time Takes Way Too Long
Stories for Thursday, April 1.
Women Got Financially Screwed By the Pandemic
If you’ve been following economic news at all the past year or so, you will have noticed that there have been two separate “recoveries” from the pandemic-induced recession.
White collar workers who could easily work from home are a little mentally frazzled but financially whole.
Blue collar, retail, or other in-person customer-facing workers who have to be present at a brick and mortar business (or not at all) are maximally stressed and financially broken.
And women bore the brunt.
Just read what Bloomberg had to say about the “she-cession”,
By just about every measure other than mortality (which is pretty important!), the Covid-19 pandemic has been harder on women than on men.
The majority-female services sector lost jobs at at a faster rate than the majority-male goods-producing sector — which has never happened before in a recession.
More women than men have dropped out of the labor force.
Even women who held onto their jobs generally had to shoulder an outsized share of the new…