Women Are Losing The Most Jobs In The Pandemic

Employers cut a staggering 140,000 jobs in December — and all job losses happened to women.

Previously published on Forbes

The news for women of color is worse.

As Annalyn Kurtz notes at CNN Business, “Black and Latina women disproportionately work in some of the hardest-hit sectors in the pandemic, often in roles that lack paid sick leave and the ability to work from home. As schools and day cares closed, many were forced to make hard trade-offs between work and parenting.”

Women are worried

Job security during the pandemic has become a massive source of worry. Many people have faced a cut in wages or lost work due to companies struggling to keep people on. The leisure and hospitality industries have been hardest hit. And the majority of jobs in these industries are filled by women.

Here’s what we did.

When the pandemic was announced in March of 2020, my business partner and I created a short-range plan to keep all of our employees employed. We ran financial scenarios to figure out where to cut expenses in areas other than payroll. We did decide that we would implement pay cuts across the board, including our salaries, when needed. But we were determined to keep our team together and keep the lights on. This became our singular goal for the business.

What about you?

If you are a leader in an organization, treat this issue as if it is your problem, whether you are a woman or not.

  1. Determine to take good care of your people.
  2. Slow down or postpone work and sales growth expectations.

Founder of Henley Leadership Group. Developing leaders who create happy, productive workplaces. Thought Leader | Executive Coach | Forbes Contributor | Speaker

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