COVID and the Economic Status of Women: Recovering from the SheCession

December 3, 2020

The work of Riane Eisler and the Center for Partnership Studies is mentioned in Ms. Magazine’s “Singing the She-cession Blues: How the Pandemic Is Revealing Existing Fault Lines in the U.S. Economy” by CPS partner Rickey Gard Diamond. Part of the Women Unscrewing Screwnomics series, this article highlights the sobering effect of the COVID pandemic on the economic status of women, noting that the Labor Department reported an alarming 865,000 women left the workforce in the month of September.

Diamond examines the history of childcare programs and women in the workforce—citing the report from The LBJ Center at University of Texas at Austin: “America’s Recovery from the 2020 SheCession: The Female Future of Child Care and Work”.

The U.S. spends less than 0.5 percent of our total GDP on early childhood education and care, and we rank 37th among the thirty-nine member nations of the Organization for Economic Co-operation and Development (OECD).

Diamond, founder of An Economy of Our Own, recently hosted Riane Eisler as a guest on the panel “The Invisible Women”. The discussion advocates a caring economy — emphasizing that we must begin measuring and valuing the unpaid and unseen care work of both women and men.

The Ms. article mentions the Center for Partnership Studies’ Social Wealth Index (SWI) project: “A new Social Wealth Index from The Center for Partnership Studies measures the returns in economic health when we invest in caring for our families, communities and nature”.

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Photo by Jakayla Toney on Unsplash

Also see: Riane Eisler speaks to GDP, gendered values and the economic value of care work

@RianeEisler, #caringeconomy

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