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Covid-19 Hit Women’s Finances Much Harder Than Men’s: Women Left the Workforce En masse—At What Cost?

In: The Women's Guide to Successful Investing

Author

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  • Nancy Tengler

Abstract

The COVID-19 shutdown had a profoundly negative effect on women’s finances. According to the US Chamber of Commerce, in April of 2022, women’s labor force participation rate was still 1% lower than it was prior to COVID-19. And, in March of 2021, right smack in the middle of the pandemic CNN reported that more than 2.3 million women had left the workforce according to the Bureau of Labor Statistics (BLS).

Suggested Citation

  • Nancy Tengler, 2023. "Covid-19 Hit Women’s Finances Much Harder Than Men’s: Women Left the Workforce En masse—At What Cost?," Springer Books, in: The Women's Guide to Successful Investing, edition 2, chapter 0, pages 21-34, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-38373-1_3
    DOI: 10.1007/978-3-031-38373-1_3
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