The economic impact of COVID-19 is being felt across the globe, but it has not been distributed equally. The Guardian reported that by the end of April, women’s job losses had erased a decade of employment gains. In a situation that is mirrored in many countries, the U.S. is in the midst of its first ‘shecession’ – an economic downturn where job and income losses are affecting more women than men.
It’s vitally important for the benefit of everyone in society that this disparity be resolved, that burdens and stresses be shared equitably, and that they are minimized where possible. Technology has enabled many businesses to adapt and continue operating in this remote-first era, so can technology also play a role in reversing the shecession at both the business and individual levels?