COVID-19 has perpetuated the global gender income gap, which will now take 135.6 years to close

This week, Oxfam revealed that the COVID-19 pandemic has delayed closing the gender gap, and has cost women around the world $800 billion in lost income.

According to the charity, women, who remain over-represented in low-income jobs across industries including retail, tourism and food services, lost more than 64 million jobs in 2020 — a 5% total loss, compared to a 3.9% loss for men.

Women also lost their jobs at a faster rate than men and in the informal economy, suffered more severely due to little or no health care, unemployment benefits or other protections.

Oxfam executive director Gabriela Bucher, said in a statement the pandemic has “dealt a striking blow” to recent gains for women in the workforce.

New report :”Economic fallout from the Covid-19 pandemic is having a harsher impact on women, who are disproportionately represented in sectors offering low wages, few benefits and the least secure jobs,” @GaBucher @Oxfam@GretaThunberg@NaomiAKlein@AOChttps://t.co/6jVCPhoLez

— Arne Storrønningen (@arnestor) April 29, 2021

“As we move from emergency measures to long-term recovery, governments around the world must seize this opportunity to build more equal, more inclusive economies for all,” Bucher said.

“A fair and sustainable economic recovery is one that supports women’s employment and unpaid care work through strong social safety nets and vibrant care infrastructures. Recovery from COVID-19 is impossible without women recovering.”

Based on International Labor Organisation figures, the $800 billion figure probably underestimates the total cost burdened by women since it doesn’t include wages lost by millions of women in informal jobs.

According to the World Economic Forum, closing the global gender gap will now be pushed back by an entire generation — from 99.5 years to 135.6 years.

Proud to address @UN Security Council, to amplify the voices of people most impacted. I thank you @USAmbUN for giving @Oxfam this opportunity.

People are being starved. Leaders face an urgent choice

We must make the goals of Res 2417 a reality

My speech https://t.co/eYfEEAZyiV

— Gabriela Bucher (@Gabucher) March 12, 2021

Even before the global pandemic, women put in 12.5 billion hours of daily unpaid care work. This year, 47 million women will be expected to fall into extreme poverty, living on less than $1.90 a day.

In America, one in six women of colour are facing food insecurity due to the pandemic.

In response, some US states are receiving $39 billion from the federal government to support childcare — part of a $1.9 trillion relief package President Joe Biden signed earlier this year.

In Argentina, new legislation gives flexible work schedules to people caring for children or the disabled.

According to Oxfam, only 11 countries have introduced shorter or flexible work arrangements for workers with care responsibilities, while 36 have reinforced family and paid sick leave for parents and caregivers.

This article was first published by Women’s Agenda.