The economic impact of the pandemic on women

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It seems that there is a disturbing economic situation in 2020. Great migration of women into the workforce.

Economic historian Claudia Goldin says there were differences in who was forced out of work.

“Some people can work from home, some can’t,” says Goldin. Some of the great divisions in our society and our economy have become even greater.

Today, In the Note: The real economic impact of the pandemic on women.


Claudia Goldin, economic historian and labor economist. Professor of Economics, Harvard University. Author of several books, including Career & Family: Women’s Century-Long Journey toward Equity. (@PikaGoldin)

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Latrish Osekoworking parent in Newark, Delaware.

Rachel Cookworking parent in Tampa, Florida.

at Beth Folsomworking parent in Framingham, Massachusetts.

Elise Gouldeconomist, Economic Policy Institute.

Interview highlights

The truth about ‘shecession’

Claudia Goldin: “We got it right and we got it wrong. And of course there was a lot of pain and a lot of problems. And I don’t want in any way to say that there weren’t those. So it was. ‘shecession’ in the sense that most of the economic recession affects men more than women, because it affects sensitive business bicycle. This has two big and different things. One is that it affects personal services more. And women are employed. especially in personal services differently. And one is that it affects care, child care, elderly care, child care. .”

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What have you been doing in 2019, 2020 that inspired you to re-evaluate the shecession?

Claudia Goldin: “In March 2020, I was finishing a book, and this book is about how women have progressed and progressed through history from the generation at the beginning of the 20th century who could have a career or a family, to women today who want to have both. And this book takes us years -120, it’s called Career and Family. And at that time, many obstacles for women were removed. And many women today, wish to have a career and a family. But the question is, Why can’t they? And this book talks, why shouldn’t there be more equality between men and women ?Why aren’t there more couples at home?

“And a big part of that is that jobs are greedy, many jobs are greedy. And for married couples with children, one family member has to be at home, even if that person has a high professional job. And one member can be on call in the office and do a lot more.

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But in 2020, when the pandemic hit, I thought I had finished the book, but I couldn’t finish the book. Tragedy struck the world, but at the same time it gave me an epilogue. The epidemic magnified everything. to the issues I was writing about, yet it also created a possible response that many jobs … have become more flexible.

“And that’s what I wanted to explore. But in addition, I’m a historian and the recession is clearly different from anything else we’ve known. in all these kinds of places to care.”

Who was affected by job losses during the pandemic?

Elise Gould: “The biggest impact was discrimination at work. So where you worked, whether your job could be turned into a job from home, whether you had to deal with people in this epidemic, whether you lost your job or not. And because you are discriminated by gender, by race, by age, by education, certain groups are unfairly affected and lose their jobs.

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“Know that if you look at age, young people lose their jobs in large numbers, I don’t think much has been written about that. the return of Black workers, Hispanic workers back to work. Like some of those jobs, most of them, obviously not all of them, but most of them are back now.”

For the final takeaways

Claudia Goldin: “One thing we haven’t talked about is what happened to the children, we have children who have lost a year or two, there are many different infrastructures here, we need to have a better internet, I mean Latrish. He talked about how he couldn’t work at the motel because he didn’t have Internet.

“We have to make sure our schools are built better so they have better ventilation. We have to make sure our teachers are going to be safe. Yes, paying them more would be good too. But there are good sides to the story. There are also dark sides, and the dark ones are the ones we need to act on quickly. “


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