Pandemic job losses, workforce exits cost women $800B in lost income last year

Pandemic job losses, workforce exits cost women $800B in lost income last year

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A new report from Oxfam International ties a monetary amount to the pandemic’s devastation for working women. In 2020, women lost more than $800 billion in income globally, CNN reports, which is more than the combined gross domestic product of 98 countries. Women around the world lost 64 million jobs last year, a 5% loss, while men’s job losses amounted to 3.9%, Oxfam notes. “Economic fallout from the Covid-19 pandemic is having a harsher impact on women, who are disproportionately represented…

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