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Understanding the Economic Impact of COVID-19 on Women

Author

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  • Claudia Goldin

    (Harvard University)

Abstract

Compared with previous recessions, the recession induced by COVID-19 had a greater impact on women's employment and labor force participation relative to men. But the big divide was less between men and women than it was between the more and the less educated. Contrary to many accounts, women did not exit the labor force in large numbers, and they did not greatly decrease their hours of work. The aggregate female labor force participation rate did not plummet. That said, the ability to balance caregiving and work differed greatly by education, occupation, and race. The more educated could work from home. Those who began the period employed in various in-person service occupations and establishments experienced large reductions in employment. Black women experienced a more negative impact beyond other factors considered, and the health impact of COVID-19 is a probable reason. The estimation of the pandemic's impact depends on the counterfactual used. The real story of women during the pandemic is that employed women who were educating their children and working adult daughters who were caring for their parents were stressed because they were in the labor force, not because they left.

Suggested Citation

  • Claudia Goldin, 2022. "Understanding the Economic Impact of COVID-19 on Women," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 53(1 (Spring), pages 65-139.
    • Handle: RePEc:bin:bpeajo:v:53:y:2022:i:2022-01:p:65-139
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    File URL: https://www.brookings.edu/articles/understanding-the-economic-impact-of-covid-19-on-women/
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    Cited by:

    1. Kouki, Amairisa, 2023. "Beyond the “Comforts” of work from home: Child health and the female wage penalty," European Economic Review, Elsevier, vol. 157(C).
    2. Inés Berniell & Leonardo Gasparini & Mariana Marchionni & Mariana Viollaz, 2023. "The role of children and work-from-home in gender labor market asymmetries: evidence from the COVID-19 pandemic in Latin America," Review of Economics of the Household, Springer, vol. 21(4), pages 1191-1214, December.
    3. Lafuente, Cristina & Ruland, Astrid & Santaeulàlia-Llopis, Raül & Visschers, Ludo, 2023. "The effects of Covid-19 on couples’ job tenures: Mothers have it worse," Labour Economics, Elsevier, vol. 83(C).

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