The COVID-19 pandemic has affected everyone, but from an employment and economic standpoint, women have suffered disproportionately: in December 2020, 140,000 jobs were lost in the United States—and all of them were held by women.
This statistic highlights the glaring disparity between men and women, but the effects aren’t just felt in the workforce; they’re also felt in investing and, in turn, the overall economy. The economic recovery has continued since the early days of the pandemic, and investment markets have bounced back to pre-COVID levels. But as this article from Forbes points out, women were dramatically underrepresented in investing before COVID—and if we really want to move forward from the pandemic, the next investing revolution needs to be led by women.
This article was written by Forbes, an entity unrelated to HoyleCohen, LLC. The information herein is intended for educational purposes and has been selected by HoyleCohen due to the timeliness of the subject matter.
