Why leaders need to act now to prevent the ‘she-cession’ from last beyond the pandemic
Dene Moore
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Without action, the true cost of women leaving the workforce during the pandemic will be paid well into the future due to the erosion of skills and retracement of gender diversity efforts, Canadian executives warn.
Almost half a million Canadian women who lost their jobs during the pandemic hadn’t returned to work as of January, according to a recent RBC Economics report citing Statistics Canada data, and more than 200,000 had slipped into the ranks of the long-term unemployed. About 100,000 women age 20 and older have left the Canadian labour force entirely since February 2020, 10 times more than men, the RBC report states.