In the four weeks since mid-March, 20.5 million jobs were lost, according to new payroll data released by the U.S. Bureau of Labor Statistics this Friday, May 8. Women bore the majority of job losses, 11.3 million (55 percent of the total), compared with 9.2 million jobs lost by men
In the United States, women spend considerably more time than men over their lifetime doing unpaid household and care work. The unequal distribution of this work—work that is essential for families and societies to thrive—not only limits women’s career choices and economic empowerment, but also affects their overall health and well-being.
Women’s Median Earnings as a Percent of Men’s, 1985-2018 (Full-time, Year-Round Workers) with Projections for Pay Equity, by Race/Ethnicity
Source: IWPR analysis of data from P-38 Historical Income [...]
To experience economic security, working adults must have enough income to meet their basic monthly expenses and save for emergencies and retirement. The Basic Economic Security Tables (BEST) Index provides a measure of how much income working adults of different family types need to be economically secure in each state.
As the Baby Boom generation matures and current unmet child care needs remain constant, the United States faces a burgeoning crisis in the demand for care workers. The market has slowly but surely begun to adapt, seeing an overall growth of 19 percent in the number of care workers between 2005 and 2015, with most of that growth in adult care. The U.S. Department of Labor suggests that this will only grow further, projecting that the economy will add more than 1.6 million jobs in occupations related to adult care by 2024 (Rolen 2017).