Last updated on March 26th, 2021 at 12:33 pm
Two advisers of President Joe Biden’s administration urged women to get back to the labor market as sooner as possible, local media reported on Thursday.
Heather Boushey, the Council of Economic Advisers member, said that vaccine distribution is the foremost priority for childcare centers and schools to reopen safely, which will have a very important role in women getting back to the labor force.
“What we see when there is a decline in women’s employment ratio is the fact that they are in charge for their children,” said Boushey, during a news conference in White House where she pressed that the administration’s focus is on “care economy.”
Boushey said that “Women form a key part of the middle class. President Biden has had the clarity to raise the minimum wage to $15 an hour,”.
Cecilia Rouse, the Chair of the Council of Economic Advisers, cited race and gender differences in the labor market.
“Typically, women working full-time all year are paid 82 cents against each dollar paid to men,” she said. “Due to this gender gap, women are at a loss of thousands of dollars each year and God knows how much does this make over a lifetime. These disparities are greater for Hispanic and Black women who earn 55 cents and 63 cents respectively for each dollar a white man earns.”
Rouse also said that Black women should work 19 months to earn as much as a white man obtains in 12 months, adding that the same is almost 22 months for the Hispanic women.
She pressed upon Congress to let pass the Paycheck Fairness Act, which she said would be “an important step to stop discrimination through accountability and transparency for employers.” The Act is aimed to provide paid medical and family leave, make childcare affordable, and train women to get access to higher-paying jobs, she added.
There has been unheard-of growth in the e-commerce sector in recent years. Leading companies in this growth have been Shopee,…
Israeli soldiers have attacked aid worker trucks and buildings at least 8 times in Gaza since October 2023. They attacked…
The International Monetary Fund (IMF) just released its forecast for the world's biggest economies in 2029 and it sure paints…
When India has its big voting event, the rules stop millions of Migrants Workers from voting. These workers leave their…
The United Nations says there is a very bad situation in Gaza as Israeli soldiers are fighting hard and many…
There are strong demands from Meitei groups to take action against the Kuki minority people. Manipur's Chief Minister N. Biren…
This website uses cookies.
Read More