women

Opinion | Gina M. Raimondo, Mary Kay Henry: Women are bearing the brunt of the economic crisis. They have to lead our recovery plans.

Even before the pandemic exposed deep disparities in our economy and society, the gender wage gap persisted at every level of income and education. In 2019, two-thirds of minimum-wage workers were women. Women carry two-thirds of all student debt in the United States. Black women graduate with significantly more debt than White men and take longer to pay it off, as they earn just 62 cents for every dollar earned by White men. In 2019, nearly a quarter of female-headed households lived in poverty; for households headed by Black or Latina women, the rates were closer to 30 percent.

Only if our recovery is inclusive can we emerge from this crisis stronger.

Inclusivity requires state leadership as well as a comprehensive national strategy to ensure women’s economic security, health and safety. Front-line workers in the pandemic have struggled to keep patients safe amid inadequate staffing and insufficient protective gear such

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fashion

Fed’s Kashkari expects continued economic recovery but only in a ‘grinding’ fashion

Minneapolis Fed President Neel Kashkari said he has not been back inside a restaurant for a sit-down meal since March.


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The U.S. economic recovery is likely to proceed but it is going to feel like a car that might need a new transmission, said Minneapolis Fed President Neel Kashkari on Wednesday.

“Unless something dramatic changes or we have a breakthrough sooner than we expect on vaccines, or there is some dramatic change in policy, I think we are in for a grinding recovery from here,” Kashkari said in a talk to a trade group of Wisconsin manufacturers.

To date, the pace of the economic recovery has been faster than expected, but this is a “double-edged sword,” he said.

Part of the reason for the unexpectedly quick bounce back in the last few months from the slump earlier this year, caused by the coronavirus pandemic, is that states allowed

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