Strategic Management Training in California

Supporting & Retaining Women Leaders

OUR POINT OF VIEW, RESEARCH, AND SOLUTIONS

Across the world, the COVID-19 pandemic and its aftermath caused women to experience unprecedented job loss, both voluntary and involuntary. Women’s departures from the workforce outpaced men’s across nearly every function, level, industry, and country. In 2021, when millions began leaving their jobs, some dubbed it “The Great Resignation,” and the sharp increase in unemployment and slow economic activity pointed squarely at a recession. But some called it a “SHEcession,” noting that the service sectors hardest hit by the pandemic — hospitality, education, healthcare, and retail — were disproportionately female. In the U.S., it was the rst recession in history to cause substantially more job loss for women than men.

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