Nearly three times more women will lose their jobs compared to men as the effects of Covid-19 ravage industries across the world, a study by Citi has revealed.
According to Citi’s report, of the 44 million employees that could ultimately lose their jobs, approximately 31 million will be women. An estimated 220 million women across the world are in sectors vulnerable to job losses due to Covid-19.
“The difference has to do with the sectors affected most by Covid-19. Women are over-represented in six sectors that are the most vulnerable to Covid-19 layoffs. Women are also more likely to be caretakers both of children and adult dependents and take on more unpaid work than men,” says Citi.
“The retail, professional and businesses services, financial services, education and health, leisure and hospitality and government sectors, where women are most likely to work, are the most likely to shed the greatest number of women from payrolls.”
Citi indicates that generally, women occupy 75 percent or more of the jobs in the personal care, healthcare, and clerical professions and roughly 70 percent in the education sector.
“The risk of unemployment in a post-Covid-19 world is higher for females versus males, which could also lead to higher rates of poverty for females,” says Citi.
In Kenya National Bureau of Statistics’ Survey on Socio economic Impact of Covid-19 on Households report, more than half (51.2 percent) of women respondents were unemployed in the seven days preceding the survey. This is in comparison to the 34.7 percent of men who were unemployed indicating that 65.5 percent of men were accounted for in the labour force.