Good Monday morning, everyone.
Rising debt and parenting responsibilities during the COVID-19 pandemic have left women, especially women of color, financially challenged, according to the Equal rights advocates, a national gender justice organization.
The Family Voices Amplified survey, who surveyed 637 women from more than 15 different cities across the United States, found that the the majority of participants have had to take on debt since the COVID-19 pandemic due to reduced work hours due to increased caregiving responsibilities.
“Even before the pandemic, unequal pay, workplace discrimination and a lack of affordable childcare disadvantaged women financially, which is even more important for women of color,” Noreen Farrell, Executive Director of Equal Rights Advocates said. “These responses from the community confirm what we all suspected. The pandemic has exacerbated all of these issues, and while white men, as well as higher-income white women, are returning to some form of normalcy, low-to-middle-income Black and Latino breadwinners have taken years of delay in their career and financial situation. Goals.”
According to the results, nearly 85% of respondents have some form of responsibility for care, and nearly half of respondents have quit or reduced their work hours due to changes in child care since March 2020.
Additional findings:
- More than a quarter of survey respondents expect childcare responsibilities to delay or prevent a return to previous employment levels,
- More than a quarter expecting childcare responsibilities to delay or prevent the start or continuation of education,
- Twenty percent of respondents expect childcare responsibilities to delay or prevent them from achieving their long-term financial goals,
- Eighty-six percent experienced one or more of the following job changes due to the pandemic: layoff, furlough, reduced hours or wages,
- seventy-seven percent experienced some form of discrimination in his current job.
“It is clear that women of color, especially black and Latina women, have been significantly impacted by the pandemic and will feel the impact on their finances for decades unless action is taken,” said Farrell. “This will only get worse as access to abortion and reproductive health care options force unplanned pregnancies. There are major changes that need to be made to our economic system if we are to create financial stability for all Americans. These include affordable childcare, fair pay and job security, freedom from discrimination, housing support and debt relief.
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Here’s your #Pennsylvania Instagram of the day
What is happening
10 a.m.: Governor Tom Wolf will be joined by Pennsylvania Chamber of Commerce and Industry, Legislators and Economic Development Professionals to celebrate the passing of Reduction of the corporate net income tax rate to York County Economic Alliance.
1 p.m.: Governor Tom Wolf will be joined by educators from Collegiate Academy of Northwestern Pennsylvania to discuss increases in education funding.
And now you are up to date.