It isn’t your imagination. The millions of job losses over the past few months have slammed women harder than men.
Women accounted for 55 percent of the 20.5 million jobs lost in April, with women of color hit particularly hard. While May’s overall unemployment rate declined slightly to 13.3%, it actually increased for black women, to 16.5%. Making matters worse, even women who have held on to their jobs bear the brunt of childcare, home schooling and housework. Boston Consulting Group recently found that American moms are working 60 additional hours on childcare, schooling and chores every week, beyond their paid jobs.
If we don’t take action now, the pain is likely to continue long after the pandemic ends. After all, one reason women have made substantial gains in employment over the past few years – reaching the majority of the workforce for the first time earlier this year – is because the unemployment rate has been so low. Companies scrambling to compete for scarce talent were eager to recruit women and minorities. But when times are tight and unemployment is high, diversity efforts are often first to be scrapped.
RELATED: A ‘full-blown she-cession’: How COVID-19 is economically hurting women, minorities the most
Yet this is exactly the time when companies should be investing more in women and people of color. Companies with diverse workforces weather recessions better than those without. A Fortune magazine analysis found that from 2007 to 2009, stock prices for S&P 500 companies plunged by almost 36 percent – but the most diverse companies saw gains averaging 14.4 percent.
The good news is, there are steps that all of us can take – companies, individuals, and the government – to ensure that women’s progress doesn’t slide irretrievably backwards.
For companies, there are proven strategies that will help not just women, but all employees, including:
-Remote Working: At a time when even Fortune 500 CEOss are working from their basements, let’s acknowledge that remote working works. Mothers have long been sidelined from jobs and promotions (or shut out altogether) because of the insistence on face time and travel. Already, companies including Facebook and Twitter have said that employees who can do their jobs remotely never have to come back to the office. Big Manhattan firms including Barclays, JP Morgan Chase and Morgan Stanley have said it’s unlikely that all workers will return to offices.
-Returnships: Before COVID-19 struck, there was a surge in programs that brought back employees who had taken career breaks. So-called “returnships” are structured like internships, but for those who have taken off a few years, often to raise kids. About two dozen companies including IBM, Apple, and Johnson & Johnson built programs specializing in tech jobs, with the help of the Society of Women Engineers and iRelaunch, a career re-entry firm. Path Forward, a non-profit, worked with companies including Netflix, SAP, and Walmart to help develop returnship programs.
It’s essential that companies don’t abandon these efforts after the crisis wanes. In fact, these programs will become more essential than ever: even before the pandemic, 84 percent of millennials of both genders said they expected to take a “significant” career break at some point in their careers, according to a survey commissioned by ManpowerGroup.
-Assess job-cut impact: As companies downsize, furlough or lay off employees, women and people of color are feeling the brunt of the pain. Companies need to assess the demographics of those being cut, to ensure that marginalized populations aren’t being disproportionately impacted. Make the extra effort to ensure that women who are temporarily juggling childcare and home schooling aren’t penalized permanently.
In addition to corporate moves, there are steps that women can take right now, during the pandemic, including:
-Make sure you’re visible: Remote working presents additional challenges for women who are often overlooked, interrupted or ignored in meetings. Zoom meetings can be especially deadly, as the body language that women have painfully perfected in order to be noticed is no longer available. What’s more, women and others from underrepresented groups may simply not be invited to key meetings.
Yet some of the same hacks that work in person, will work in Zoom meetings and Slack channels too. The key is to have allies who will back you up. One of my favorite hacks is amplification – when an overlooked colleague makes a point, you repeat it and give her credit by name, thus amplifying her voice. Another favorite tactic is “brag buddies”: you and a colleague share success stories with one another – and then each of you “brags” to the boss about the other one.
-Ask for Zoom check-ins: Stay top of mind by requesting a Zoom meeting with your boss – and perhaps with both your boss and their boss. When you do connect, as Mika Brzezinski pointed out during our Instagram Live conversation, make sure you ask after them personally. We all need that human touch, especially right now in this fraught time.









