WASHINGTON — Despite the pandemic’s major blow to business, there’s a lot of gratitude at D.C.’s Koiled and Coiffed Salon.
“We try and keep each other on a positive note, because it’s hard. It’s hard,” salon co-owner Choi Rose told NBC News. Rose, and co-owner Koko Gilbert, were forced to close their doors in March when stay-at-home orders hit D.C. They turned to federal lifelines like the Paycheck Protection Program Loans and small business grants to stay afloat, while filing for unemployment.
“We’re not a big salon,” said Gilbert, likening the preparation to close their doors to preparing for “doomsday.” She added, “We don’t have all of those things in place.”
Meanwhile, Kora Polydore , owner of Kora Lee’s Cafe in Catonsville, MD, is struggling to keep her dream alive. “I opened up a business to be able to provide jobs for my community, hire those who look like me and do something wonderful,” she told NBC News.
Before the pandemic hit, Polydore was growing her business, moving to a new location, hiring new employees and expanding into catering. “And literally like two to three weeks later, COVID. And it just completely wiped us out.”
These businesses are microcosms of a larger, national trend: female-majority sectors of the economy bearing the brunt of this pandemic-spurred recession. Asked in May who was getting hurt the worst by the economic downturn, Federal Reserve Chairman Jerome Powell stated bluntly: “the people who’re getting hurt the worst are the most recently hired, the lowest paid people. It’s women to an extraordinary extent.”
April was the worst of it. Women made up less than half of the U.S. workforce, but accounted for 55 percent of the 20.5 million jobs lost. The female unemployment rate skyrocketed to 15.5 percent— the first time it reached double-digits since 1948, when the Bureau of Labor Statistics began reporting the data by gender. Black, Hispanic and Asian women were hit especially hard.
“Women work a lot of jobs that are very people intensive,” economist Diane Lim told NBC News. “They work in sectors of the economy that were most adversely affected by the stay at home orders and the business closures.” Those female- majority sectors of the economy include retail, leisure and hospitality, personal services, and food services, all of which saw massive job losses at the height of the economic downturn.









