A new study by the International Monetary Fund (IMF) confirms that while the impact of the pandemic on workers has varied around the world, the new reality has left many mothers struggling as they bear the enormous economic impact of COVID-19.
In “the world of work, women with young children have been among the biggest victims of economic lockdowns,” IMF chief Kristalina Georgieva said today (30.04.2021/XNUMX/XNUMX) in a blog.
El Study by IMF economists, which analyzed the experiences of the mothers in the United States, Great Britain and Spain, showed why it is “crucial” to provide additional support to mothers, said Kristalina Georgieva.
that includes Prioritize the reopening of nurseries and schools; provide monetary support for immediate needs and for retraining after some jobs disappeared, he said. He added that “It is essential to harness the potential of financial technology to achieve greater inclusion, especially in developing countries.".
The report found that among all workers in the United States, women were more affected than men, while in Britain it was the other way around, and in Spain, men and women shared similar levels of pain, it said.
«Despite these differences, the three countries share one thing in common: Mothers of young children have been disproportionately affected by the lockdown and resulting containment measures", Georgieva said.
With schools closed and distance learning in place, “many women, who largely shouldered the burden of childcare and household chores even before the pandemic, They quit their jobs or reduced the number of hours they worked"This is a large share, as employed women living with children under 12 accounted for only 25 percent of total female employment before the crisis," she clarifies.
US government data shows that nearly two million women over the age of 20 left the workforce during the pandemic and the unemployment rate was 5,7% in March compared to 3,1% in February 2020.
The global economy is still struggling to recover from the pandemic.” To fully recover, women need to be fully reintegrated into the workforce.", concludes the head of the IMF.
Aduana News is the first Argentine customs newspaper to launch its digital version. With 20 years of experience, its publications and initiatives aim to provide the most relevant knowledge on customs issues in order to contribute to safe trade in the region.
