Photo: Graham Hughes The canadian Press
Women tend to work in the sectors hardest hit by the crisis, and their level of employment was slow to rebound as the economy knows its reopening, said the report.
The participation of women in the workforce has declined to its lowest level in three decades because of the pandemic of COVID-19, reveals a new study from the Royal Bank. According to the document of the economic services of the bank, 1.5 million women have lost their jobs during the first two months of the pandemic.
Women tend to work in the sectors hardest hit by the crisis, and their level of employment was slow to rebound as the economy knows its reopening, said the report. In addition, women are more likely to withdraw from the workforce in the long term. One-third of women who have lost their jobs between February and June have not searched for work, which exposes them to a higher risk of absence of long-term employment and future penalties salary.
Employment among mothers of toddlers or school-age children has declined by 7 % between February and may, compared to a decline of 4 % for fathers of children of the same ages. The employment level of single mothers with a baby or a child of school age has decreased by 12 % between February and June, compared with a decline of 7 % for single fathers.
According to the study, women accounted for approximately 45 % of the decline in hours worked during the crisis, but will account for only 35 % of the recovery.