The institute analyzed payroll data released by the U.S. Bureau of Labor Statistics May 8. March and April were also when the U.S. saw some of the highest spikes of COVID-19 as the pandemic ramped up worldwide.
The data shows that women lost 11.3 million (55 percent of the total number of jobs lost) higher than men, who lost 9.2 million jobs. The number of jobs lost by women in the one month between mid-March and mid-April was five times higher than the total decline in women’s employment during the Great Recession of 2007-09, the report states.
Unemployment rates for women of color exceed that of white women. Hispanic women had the highest rate of unemployment (20.2 percent) from mid-March to mid-April, an increase of more than 300 percent since February.
The rate of unemployment for black women increased to 16.4 percent, up from 4.8 percent in February, an increase of 242 percent.
White women’s rate of unemployment was 15 percent from mid-March to mid-April, an increase of 436 percent from 2.8 percent in February.
More articles on leadership and management:
Providence St. Joseph Health CEO calls for ‘greater accountability’ to combat institutional racism
AdventHealth CMO Dr. Omayra Mansfield on creating joy amid COVID-19
There are ‘opportunities for improvement’: Rush Medical Center CEO Dr. Omar Lateef on decision-making during the pandemic
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
