Gender

When organisations make large cost cutting initiatives traditionally the number of women being reduced is significantly higher than the number of men. The Australian Bureau of Statistics identified that women in Victoria lost jobs at four times the rate of men in July. If this proportion of job loss continues to skew against women we will face a gender disaster. We’ve got job losses at nearly five times the rate of men, and those women are not going to be able to return to work easily. Tanja Kovac, GenVic McKinsey have calculated that women’s jobs are 1.8 times more vulnerable than men’s jobs. Women make up 39% of global employment but equate to 54% of overall job losses. One of the main reasons is that the virus has placed a significant increase in the burden of unpaid care which is largely carried out by women. The global impact of this biasContinue Reading