Covid-19 sets new dynamics in motion for gender pay gap
Women are more likely than men to work in hard-hit service industries, but changes may be positive in the medium term
The coronavirus pandemic is likely to make the gender pay gap worse as the US economy recovers, but could ultimately improve opportunities for women, according to a paper distributed by the National Bureau of Economic Research (NBER).
In a regular recession, the pay gap between men and women shrinks by two percentage points as men tend to get hit harder by job losses, according to the paper, published this month. But in a pandemic recession, that gap increases by five percentage points, the report said...