April 7, 2022
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Two Years In, NWLC Releases Sobering Study on Women’s Employment

 

While the disastrous recession that accompanied the first wave of global lockdowns has receded, women’s employment in the US remains in a dire place, according to a new study by the National Women’s Law Center. The full study can be accessed through the link, but we wanted to highlight some of the findings.

  • In 2022 there were 1.1 million fewer women in the labor force when compared to February 2020. Meanwhile, male labor force participation has returned to pre-pandemic levels.
  • While 78% of fathers who were laid off or quit have found new employment, only 41% of mothers have done so.
  • Almost 40% of women indicated that their family financial situation was worse off than it was pre-pandemic.
  • Covid-19 has had a negative impact on the mental health of 58% of women respondents.

As we have highlighted before, the pandemic had an outsize effect on the stability of women in the workforce, sometimes being dubbed the world’s first she-cession. Women tend to be overrepresented in sectors that saw some of the steepest employment declines and which continue to be hampered by outbreaks. The NWLC study demonstrates that this problem is not going away.

Collusion and Lack of Competition Designed to Favor Employers

March 10, 2022
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The report describes the myriad ways in which employers collaborate to prevent workers from seeking better opportunities elsewhere. These tactics lead to missing out on 15-25% of possible wages a worker might otherwise hope to command, according to estimates in the report.

Cryptocurrency as Wages? NYC Mayor Eric Adams Buys In, But It’s Not That Simple.

February 28, 2022
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When New York City Mayor, Eric Adams, announced he was taking his first three paychecks in the form of Bitcoin, it might have been a publicity stunt, and one that backfired as Bitcoin prices took a nosedive, but it has highlighted a new means of employee compensation that is potentially on the horizon.

Bill to Ban Forced Arbitration in Sexual Misconduct Cases Passes the Senate

February 14, 2022
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Arbitration clauses are often buried deep in employment contracts, and many employees don’t know what they’re agreeing too or don’t fully understand what arbitration means. These clauses force employees with claims against their employer to bring them to arbitration—a private process which is often fully funded by the employer itself.

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