Women are leaving the workforce in droves. Rewriting the rules for equity now would be good for everyone, including businesses.
The She-cession is upon us, and a generation of working women may be left behind.
Female employees have accounted for the majority of net job cuts since the start of the COVID-19 crisis, reversing a decade of job gains since the end of the Great Recession, according to an analysis by the National Women’s Law Center. And as the pandemic drags on, the losses are continuing to pile up with no end in sight. In September, when many public schools adopted remote-only or hybrid learning models, four times more women than men dropped out of the labor market, putting their careers on hold to become primary caregivers.