A recent SHRM article shed light on the current she-cession and its visible impact on employment numbers.
According to the latest BLS report, From Feb 2020 to Jan 2022, 1.1 million women left the workforce, accounting for 63% of jobs losses from the labor force participation rate.
While there was a gain in female employment in Jan 2022; it would have to be ten-fold more to cover the loss since Feb 2020.
The article also highlights those childcare duties are what’s keeping women from rejoining the workforce.
Have you lost a major part of your female workforce? We can help! Learn how we provide staffing for different roles from across globally dispersed teams promising skill and diversity.
Stay tuned for more updates on the She-cession as we follow our theme of the Women in Business month; visit our trends page for more.
