Gender Wealth Gap

The Disproportionate Economic Effects of the Coronavirus Pandemic on Women of Color

The COVID-19 pandemic has wreaked havoc across the globe. It has upended the lives of hundreds of millions of people, decimated economies, and brought the hustle and bustle of daily life to a standstill. While much of the U.S. focus has been on the erratic stock market, steep business losses, stay-at-home orders, and the scope and pace of legislative and administration responses, too little attention has been paid to the daily impacts on communities and the needs of families across the country. Women of color, in particular, play a vital role in maintaining the economic stability of their families and communities—and therefore, understanding COVID-19’s impact on this group is critical to overcoming the current crisis. Yet the public discourse about the most-needed interventions has largely overlooked the pandemic’s cascading effects on women of color, leaving them out of policy debates on what actions must be taken moving forward to sustain families while reinvigorating the economy.

By Jocelyn Frye April 23, 2020

https://www.americanprogress.org/issues/women/reports/2020/04/23/483846/frontlines-work-home/

Closing the Women's Wealth Gap | January 2017

Closing the Women's Wealth Gap | January 2017

Closing the Women’s Wealth Gap—What It Is, Why It Matters, and What Can Be Done About It aims to inform a national discussion about the women’s wealth gap, and to catalyze movement towards policy and practical solutions that build wealth for low-income women and women of color.