EDITOR'S NOTE
Welcome to the CNBC @Work newsletter, brought to you by CNBC Events. Think a friend, colleague or business partner should receive this newsletter? Subscribe here.
In honor of Women's History Month, it's time to take a look at women in the workplace. During the pandemic, women have been disproportionately impacted in the labor market. Since February 2020, women have lost more than 1.4 million net jobs and make up close to 70% of job losers. More than one million women are still missing from the labor force.
In a Labor Department report ranking the nation's top 20 jobs with highest median income, only one job was dominated by women – nurse practitioner. Meanwhile, eight of the lowest-paying jobs are mostly held by women. On average, women make 73 cents for every dollar a man earns, however, the wage discrepancy is worse for women of color. Black women make 58 cents and Latina women make 49 cents for every dollar a white man earns.
Despite these setbacks, progress is being made. The pandemic has changed the way we work leading to more flexible options allowing for more opportunities to work and be a caregiver. In CNBC and Momentive's new Women at Work survey, nearly 50% of women considered themselves to be very ambitious. This ambition has helped make gains at the C-Suite level: between 2016 and 2021, women in executive roles grew 6.9%, nearly double where it was five years prior. Evidence shows that gender diversity in the boardroom can lead to better stock performance. Over the past two years women have gained board seats in North America and Europe, up 29% from 24% in 2020.
As we continue to move forward, let's celebrate the successes made by women in the workplace as we strive for further equality.
For more on the world of work, check out our Key Stories roundup below.
Until next time, stay safe, stay healthy and stay in touch.  The U.S. labor market tightened further last week, with jobless claims coming in at the lowest level since the beginning of the year, the Labor Department said on Thursday. Initial filings for unemployment insurance totaled 214,000 for the week ended March 12, better than the Dow Jones estimate for 220,000 and a decline of 15,000 from the prior week. The total was the lowest since Jan. 1 and marked another sign that the market and its 3.8% jobless rate was nearing full employment.
 Some people switched to working from home for the first time and discovered they never want to step foot in an office again, while others, including nurses, grocery store cashiers and teachers saw their workloads triple on the pandemic's front lines. While some companies are urging a "return to normal," which includes urging their employees to come back to the office full-time, economists and researchers are convinced that we'll never go back to work the way we did before the pandemic.
 As the Great Resignation continues, employees are rethinking salaries, work-life balance and flexibility in their new careers. Some are willing to take a pay cut in exchange for a better schedule. One-third of workers who switched jobs during the pandemic took less pay in exchange for better work-life balance, according to a survey by Prudential. And about 20% of workers said they would take a 10% pay cut if it meant they could work for themselves or have better hours.
COMING UP
Healthy Returns: Reality, Recovery and Opportunity | March 30
Join us as we convene the sharpest minds, bold pioneers and visionary leaders in the health care industry on what they see ahead for treatments and innovations, what's working, what needs to improve and what's on the horizon that will shape health care for the future.
Learn more and save with our special small group offer here.  MORE FROM CNBC EVENTS
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Jumat, 18 Maret 2022
Women in the workplace
Langganan:
Posting Komentar (Atom)
Tidak ada komentar:
Posting Komentar