Michelle Bowman, Speech: Working Women in the Pandemic Era
“Unlike any previous recession, the downturn in employment fell more heavily on women than men. The unemployment rates for men and women were essentially the same before the pandemic but ended up much higher for women.6 That was very different from past recessions. For example, after the recession following the housing crisis, unemployment for prime working age men rose to 11 percent, compared to only 9 percent for prime age women.”
“In conclusion, although we still have about 4 million people out of the pre-pandemic workforce, we continue to see strong employment gains and low unemployment rates—the kind of labor market that historically has pulled in more workers. As the service sector continues to recover and as schools and childcare establishments open more fully, I see potential for greater employment opportunities for women in the future. Obviously, economic conditions will influence job opportunities going forward. Today’s high inflation and strong employment will likely create some pressure on labor and employment.”