While the two previous biggest economic crises in U.S. history affected men's jobs more than women's, the coronavirus pandemic is disproportionately impacting women in the workforce, data shows.
"If we want this to change, nobody cares about this as much as we do," Krawcheck told"GMA.""Just like 100 years ago, nobody gave us a vote. We went out and marched and we got ourselves a vote."
A woman checks job application information in front of IDES/WorkNet center in Arlington Heights, Ill., April 9, 2020. Industries like retail and hospitality that have a majority of women employees may return differently, and competition in the job market will be stiff as not all jobs return, the experts noted.
, so being able to communicate effectively about what it means to participate equally and share responsibilities in the home is really important.""Even if it means you don’t have an emergency fund, you have to pay off your credit card debt first," said Krawcheck."If there is an emergency and you don’t have savings, you can use a credit card."
"Whether you have a job or have lost your job, look at what you’re spending money on that isn’t important to you," added Krawcheck. Take a step back. Get in touch with what matters."The unique circumstances of the pandemic can be a time to step back and examine whether the work you are doing or were doing is what you really want to do, according to both Krawcheck and Mason.
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