Women are leaving the labor market like crazy due to the pandemic
That's bad news especially when it comes to the equal pay progress
Labor force participation, the share of women working or looking for jobs, dropped to 55.6 percent from 56.1 percent. Apart from April and May 2020, that is lowest reading for women’s labor force participation since 1987.
The shift shows how the pandemic has become a serious threat to the meaningful progress made by women in the last economic expansion, when they accounted for a heavy share of job growth. The losses for women this time around stand in contrast to the last recession, more than a decade ago, when cuts in construction and other male-dominated roles caused men to disproportiona tely lose work.
The situation could become more complicated going forward: Women may have particular trouble getting back into jobs because they are more likely to be primary caregivers, and many schools have yet to fully reopen.