The Economic Perspective: “Gender Differences in Virus Job Cuts”

Mary:  I’m Mary Walden with economist MW welcoming you to the economic perspective. Today’s program looks at gender differences in virus job cuts.  Mike, the coronavirus has not impacted all regions, jobs, or people equally.  Let’s look at jobs, and how the virus may have impacted women and men differently based on the types of jobs they have.

 

Mike: Summary Answer

  • Jobs involving personal contact, such as in restaurants, retailing, and personal care, have been most adversely impacted by the virus and the shutdown and stay-at-home orders in most states
  • Of all the jobs they hold, about 3X more women are in these jobs than men
  • As a result, relatively more women have found their jobs cut or reduced in hours than men during the virus crisis
  • There’s another aspect
  • In many families, during a recession, women step up and increase their hours of work to replace some of the income lost by their spouse
  • Harder to do in this recession
  • I’m MW

 

Mary:  And I’m Mary Walden for the Economic Perspective, an NC State Extension program from the Department of Agricultural and Resource Economics.