The State of Women in the Workforce
PRE-PANDEMIC: Progress for Women was Slow with Many Challenges While there was a minor upward shift for women in senior positions, women continued to be drastically underrepresented in leadership positions, especially women of color.The “broken rung” continued holding millions of women back from being promoted to manager.Women remained significantly outnumbered in entry-level management with only 38% of positions.Women’s participation in the labor force had not yet returned to its 2000 peak by the time the coronavirus pandemic began (McKinsey 2020). THE SHECESSION 100% of jobs lost in December 2020 were held by women.275,000 women left the workforce in January 2021.Mothers who are reducing their work hours and leaving the labor force outright add up to $64.5 billion a year in lost wages and economic activity.The net 2.4 million women who left the labor force…