At the peak of the pandemic recession in April 2020, women's unemployment rate reached 16.1%, compared to 13.5% for men (FRED graph was shown in Chapter 5 video lecture). We also know that most jobs were lost in the leisure and hospitality sectors. Connect these two facts to explain why the pandemic recession was dubbed the "she-session."

At the peak of the pandemic recession in April 2020, women's unemployment rate reached 16.1%, compared to 13.5% for men (FRED graph was shown in Chapter 5 video lecture). We also know that most jobs were lost in the leisure and hospitality sectors. Connect these two facts to explain why the pandemic recession was dubbed the "she-session."

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter15: Macroeconomic Viewpoints: New Keynesian, Monetarist, And New Classical

Section: Chapter Questions

Problem 12E

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