What We’re Reading: The First Female Recession in History Threatens to Wipe Out Decades of Progress for Women
The COVID-19 pandemic is disproportionately affecting women, particularly women with children and women of color. While both women and men are suffering the economic fallout of the virus, it is women — already more likely to be living in poverty than men, already more likely to be earning a smaller paycheck, already with less savings, already more likely to be in precarious jobs — who are being disproportionately squeezed. "These setbacks -- characterized by some economists as the nation’s first female recession -- stand in sharp contrast to the dramatic progress women...