The epidemic has severely affected women around the world. The biggest loss has been to the employed women. In the last year, 64 million women worldwide lost jobs due to the epidemic, one in every 20 working women. This was revealed in a recently released report by the Bill & Melinda Foundation. It said that the impact on women was more because the retail, manufacturing, and service sectors with the maximum loss of women employees have suffered the most. About 40% of these employees are women.
At the same time, due to the closure of the school, the pressure of taking care of the family and children has also increased. She is now spending 31 hours a week in child care compared to last year, compared to 26 hours a week last year. According to the report, a similar pattern has been observed in the employment of women. Women have lost more jobs than men in almost every country.
Among them, countries such as Colombia, Costa Rica, Ecuador, and Chile have more women losing jobs than men. The top 10 countries are also in the US, Canada, Spain, and Brazil. Four ways have also been suggested to improve the status of women – digital strength, help in business, women should be taken care of in every field while making policy, Caregiving also gets importance like employment
Investment in women will improve everyone’s standard of living: report
The report says that investing on women improves everyone’s standard of living. GDP does not fall if they are not made part of the economy. An example of this is the OECD country, where GDP has come down by about 15% due to fewer women in jobs.