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Working women are facing a significant risk in the UK labour market, with far greater numbers being made redundant as a result of the pandemic than during the 2007 financial crisis, according to analysis seen by the Guardian.
Women are experiencing much higher levels of redundancies during the Covid pandemic than in previous recessions, according to the Trades Union Congress. Female redundancies in the UK hit 178,000 between September and November 2020, according to its analysis – 76% higher than the peak reached during the height of the financial crisis when female redundancy levels hit 100,000.
In the same 2020 period 217,000 men were made redundant – 3% more than the peak of male redundancies during the financial crisis.
“Women are more likely to be on furlough than men and to work in sectors hit hardest by Covid, like retail and hospitality. And they bore the brunt of childcare while schools and nurseries were closed,” said Frances O’Grady, the general secretary of the TUC. “Without ongoing support from ministers, many more women face losing their jobs.”
You can read the Guardian’s full story below:
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Source: The Guardian
Keyword: Coronavirus live news: India passes 20m cases, US average daily infections fall below 50,000 | World news