women

Interview With Sheryl Sandberg On The Shocking New Stats About Women Leaving The Workforce Due To COVID-19

A new study confirms what many of us have been suspecting, but now we have the concerning stats to prove it: one in four women are now considering leaving the workforce or downshifting their careers because of COVID-19.

That’s the alarming headline from this year’s Women in the Workplace report, which Lean In and consulting firm McKinsey & Company released last week. The comprehensive report—which is the largest study of the state of women in corporate America, involving 317 companies and representing over 12 million employees—marks the first time in six years of the annual report that researchers found evidence of women intending to leave their jobs at higher rates than men. Researchers warned that companies are at risk of losing up to 2 million women, which is already starting to occur according to the Labor Department’s latest report showing that 865,000 women left the workforce in

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women

Facebook’s Sheryl Sandberg Says Employers Must “Lean In” To Protect Women’s Workforce Gains

American women are at risk of losing years of hard-won progress in the workplace.

Typically, 15% of both men and women contemplate downshifting their careers or leaving the workforce. As a result of Covid-19, the number of women is now almost 25% at any given time.

Even as the economy supposedly opens up, the prospects for working women continue to worsen. In September alone, the Labor Department reports that 865,000 women over 20 dropped out of the workforce—compared to 216,000 men.

This dire situation is the focus of the sixth annual Women in the Workplace report, produced jointly by McKinsey & Company and Sheryl Sandberg’s Lean In Foundation. “What we are seeing in this report should terrify all of us,” Sandberg told NPR. “We are pulling the alarm bell here.”

If left unchecked, the report warns, such

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women

Sheryl Sandberg: Companies and Women Are at a Crossroads

A crisis is looming in corporate America: More than one in four women are considering downshifting their careers or leaving the workforce.

This is a central finding of the 2020 Women in the Workplace report by LeanIn.Org and McKinsey & Co., the largest study of its kind. For the past six years, our study has revealed slow but measurable progress for women at all levels of management. Now all those gains could be wiped out in a single year. Up to two million women could leave their jobs. If we had a panic button, we’d be hitting it.

During Covid-19, no one is experiencing business as usual. But women have been affected the most—three groups in particular.

First, working mothers were already working a “double shift”—a full day of work, followed by hours of work at home—before the pandemic. With many schools and child-care options closed, that double shift has

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