COVID-19 and its Economic toll on Women Workforce

Due to the gender segregation of economic activity in many countries, the COVID-19 epidemic has had a negative influence on both women’s and men’s employment at different periods of the crisis. When the COVID-19 pandemic struck India in the middle of 2020, it was the dispossessed, the already-disadvantaged, who suffered the most. The situation was particularly difficult for corporate executives, working women, and ambitious female entrepreneurs who had to balance two jobs. According to the 2021 Opportunity Index Report, more than 40% of women have been affected by the artificial development of dual task. Female labour workforce participation in India was reported by the World Bank in a report released in June 2020. After the pandemic began, predictions became more pessimistic. According to the report, women were 7 times more likely than men to lose their employment due to lockdown and 11 times more likely than men not to return to work when the crisis had passed and presumed normalcy had returned. During the epidemic, the majority of these women apparently gave up on their own. This research emphasises the relevance of economic implications on women’s workforce owing to Covid-19, as everyone faced extraordinary obstacles during the pandemic, but women bore the brunt of the economic and social consequences.