Early projections from ILO suggest that 5% of all employed women lost their jobs, compared with 3.9% of employed men.
LinkedIn data shows a marked decline in women’s hiring into leadership roles, creating a reversal of 1 to 2 years of progress across multiple industries.
The COVID-19 crisis has also accelerated automation and digitalization, speeding up labor market disruption.
Gender gaps are more likely in sectors that require disruptive technical skills. For example, in Cloud Computing, women make up 14% of the workforce; in Engineering, 20%; and in Data and AI, 32%. (Global Gender Pay Gap Report 2022 )
Risking inferior reemployment prospects and a persistent drop in income.
The pandemic is likely to have a scarring effect on future economic opportunities for women.
Gender-positive recovery policies and practices should be part of companies to tackle these potential challenges.
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