• Advertise With Us
  • Contact Us
  • Writers
  • Write For Us
  • Submit Article
No Result
View All Result

No products in the cart.

  • Login
  • Register
WomLEAD Magazine
Podcast
SUBSCRIBE
  • Home
  • Magazine
  • Business
  • HER Story
  • Founders & CEOs
  • Leadership
  • Mentoring
  • Women
  • Wellness
  • Home
  • Magazine
  • Business
  • HER Story
  • Founders & CEOs
  • Leadership
  • Mentoring
  • Women
  • Wellness
No Result
View All Result
WomLEAD Magazine
No Result
View All Result
Home Women Today
Omicron Drives More Women Out of the Workforce

Omicron Drives More Women Out of the Workforce

Omicron Drives More Women Out of the Workforce

The Editorial Team by The Editorial Team
January 31, 2022
in Women Today
Reading Time: 3 mins read

Even as businesses seemed to recuperate from the pangs of Covid-19, a new variant of the virus – Omicron, has crippled the economy again. With schools and businesses once again downing shutters, the Omicron now poses a threat to working women, who are already reeling under the impacts of the first wave of the Covid pandemic. Economists now fear that the disease could push the women’s workforce to a point where it may take several years to pull through. 

In fact, women entrepreneurs too are under the dual pressure of the Omicron and an acute labor shortage. 

ADVERTISEMENT

The latest monthly job report released by the Bureau of Labor Statistics shows that the rate of women’s workforce participation during December was 57.8 percent – the lowest rate in the United States since 1991. An analysis by the National Women’s Law Center revealed that although women secured 47,000 jobs in December, the number is still below over 2.1 million jobs since the start of the pandemic in 2019. 

As elsewhere in the world, the pandemic has severely impacted the working women in the United States too. This is partly owing to the fact that women are usually employed in businesses that are highly vulnerable to job losses and restrictions, for instance, retail, hospitality industries, and childcare. At the same time, women also share most of the caregiving obligations in their homes. 

According to Jasmine Tucker, the author of the National Women’s Law Center analysis, the United States has witnessed 3.6 job losses since February 2020 and women account for more than 59.2 percent of these job losses. Compared to others, Black and Latina’s women have experienced most job losses. With the pandemic showing no signs of ending, the crisis may worsen, feel many economists. 

In fact, the large number of women who left the workforce after March 2020 actually triggered the “women’s recession’ in many regions of the United States. From the statistical point of view, this was for the first time that such large numbers of women were compelled to or leave the workforce. It was also the first time that the rates of women losing jobs were higher than men in America. 

According to a report published by the United States Census Bureau and the Federal Reserve Bank of Minneapolis recently, many college-educated mothers with Bachelor’s or more advanced degrees were rendered unemployed owing to loss of childcare. These women were holding jobs that also offered telework as an option. 

It may seem that flexible working hours were an ideal situation for working mothers during the Covid pandemic; actually, they also worked more to take care of their children during this period. According to the report, the situation soon became unmanageable. 

Another report published by the Brookings Institution found that, on average, women with children aged 12 and below spent about 8.6 hours daily to take care of their children and, at the same time, continuing with the job during the pandemic. In other words, these women did two full-time jobs in a day! 

When vaccines became available and the Delta variant showed signs of abating, many people hoped that their lives would gradually return to normal. However, their plans were shattered when the latest variant, Omicron, swept the nation once again. The virus also took a toll on education as schools closed down over Covid concerns and returned to virtual learning, albeit temporarily. 

The situation is something like taking “two-steps forward’ and ‘one-step backward’. Every time women make some progress on the employment front during the summer or in between two Covid waves, another pulls them back. 

Tags: #womenemploymententrepreneursOmicronprofessional womenprofessionalsvirtual learningwomen entrepreneursWomen in WorkforceWomen Out of the WorkforceWorkforceworking women
Share36Tweet23Share6
The Editorial Team

The Editorial Team

Hi there, we are the editorial team for WomELLE to help you succeed in business. WomELLE is a community working to support women by helping them achieve their business goals through specialty services, leadership, mentoring, and networking. The magazine "WomLEAD" is to help you succeed as an entrepreneur, business owner and leader.

Related Posts

Covid-19 Pandemic Derails Women’s Path to Gender Equality
Women Today

Covid-19 Pandemic Derails Women’s Path to Gender Equality

May 25, 2022
The History of Women’s Work Force in America
Women Today

The History of Women’s Workforce in America

May 11, 2022
What It Takes to Be a Woman?
Women Today

What It Takes to Be a Woman?

May 9, 2022
Next Post
Tamara Johnson: The Grass-to-Grace Story of an Artist

Tamara Johnson: The Grass-to-Grace Story of an Artist

Top 25 Signs You Might Be An Entrepreneur

Top 25 Signs You Might Be An Entrepreneur

10 Things You May not Know About Hershey CEO Michele Buck

10 Things You May Not Know About Hershey CEO Michele Buck

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

WomLEAD Magazine

A print and digital magazine for businesswomen focusing on leadership, business, and entrepreneurship that made its debut in 2017 has WomELLE Magazine.

Follow us on social media:

Recent News

  • 5 Ways to Spend Your Business Money Wisely
  • Covid-19 Pandemic Derails Women’s Path to Gender Equality
  • 10 Business Lessons You Should Know by Age 40

Category

  • Business
  • Female Founders
  • Founders & CEOs
  • HER Story
  • Leadership
  • Mentoring For Women
  • Wellness
  • Women Today

Recent News

5 Ways to Spend Your Business Money Wisely

5 Ways to Spend Your Business Money Wisely

May 26, 2022
Covid-19 Pandemic Derails Women’s Path to Gender Equality

Covid-19 Pandemic Derails Women’s Path to Gender Equality

May 25, 2022
  • About
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2022 WomLEAD Magazine from WomELLE, Corp.

No Result
View All Result
  • Home
  • Magazine
  • Podcast
  • Business
  • Founders & CEOs
  • HER Story
  • Leadership
  • Mentoring
  • Wellness
  • Women Today

© 2022 WomLEAD Magazine from WomELLE, Corp.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Join 3500+ businesswomen who are obsessed with success.
Get latest business updates & tips.
We also hate spam & junk emails. We will never spam you.
Subscribe
Don't Show me