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Pandemic-led ‘shecession’ hit women harder than men

Hit to earnings potential could take decades to recover.

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Recent unemployment has had a disproportionate impact on women, according to a study published by the Centre for Economic Policy Research’s VoxEU, which promotes research-based economic policy analysis. Using data from the U.S. Bureau of Labor Statistics, the authors found that the “she-cession” caused by the COVID-19 pandemic increased women’s unemployment by 2.9 percentage points over men.

Related: Income inequality has cost American workers $2.5 trillion: RAND study

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