How might schools reopen worldwide in order to address the pandemic’s reversal of economic progress made by women? / ¿Como las escuelas van abrir atender la pérdida de desarrollo económico?

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Introduction/ Introducción:

Economic Ideas/ Las ideas económicas

Created by Eleanor Cenname/Creó de Eleanor Cenname

Recession

A recession describes a stagnation of economic activity. Countries measure whether they are in a recession using their Gross Domestic Product (GDP). Stagnation is often caused by a shock to the Consumer Price Index (CPI), a measurement of the price of a “basket of goods.” When something in the CPI shifts abruptly or productivity overall is stunted, this can cause stagnation or low economic activity: a recession. In 1970, for example OPEC imposed a complete oil embargo on the US causing a shock to the Consumer Price Index and a recession. The COVID-19 pandemic has shocked productivity worldwide also causing a decline in the calculated worldwide GDP.

Recesión

Recesión significa una época de actividad económica rebajada. La pandemia de COVID-19 ha contribuido a una recesión porque ejercía un impacto negativo en la productividad economía.

Employment

Employment is a vital indicator of economic health. It is a fairly direct correlation to economic productivity, which in turn maintains economic growth. High employment tends to reflect high productivity, which is required for economic growth. Employment also provides people with money and when they spend that money on goods and services, the providers of those goods and services can continue to stay in operation, therefore maintaining productivity. During periods of stagnation, productivity decreases forcing an increase in unemployment, contributing to less consumer spending, less productivity, and thus perpetuating the cycle. 

Empleo

El empleo sirve como un indicador de salud económica porque representa la productividad y se  relaciona a crecimiento económico y gastos del compradores.

What You Need to Know/ Lo que necesita saber

The COVID-19 pandemic has threatened women’s economic progress from previous years. Women have had to leave their jobs for childcare and have been furloughed at higher rates than men. By September of 2020, 4 times as many women as men were reported to have left the workforce, and 9 of every 10 students are either in virtual school or at home. Worldwide, women are also more represented in sectors that have been most negatively impacted by the COVID-19 recession, including sales, hospitality, and food service. Although women comprise 48 percent of the workforce, 1.2 million furloughed by October 2020 compared to 1.1 million men. This is consistent with the reported increase in domestic responsibility. Women left their job due to the need for childcare in their household at two times the rate of men, and 67 percent of women compared to 52 percent of men were responsible for childcare in their households and reported spending 99 percent more time on childcare than did men. And in the US, these losses are more pronounced among low income, minority, and immigrant women. Economists estimate that the total annual income losses could reach 64.5 million dollars. One of the most fundamental ways to address this global issue is to prioritize putting students back in school with a particular focus on younger students. 

La pandemia de COVID-19 causaba un aumento del desempleo por las mujeres. Las mujeres soportan la mayoridad de cuidado infantil y representan más personas despedidas como resultado de la pandemia. La reducción de mujeres en la población total de trabajadores es un producto del reducción en la productividad económica del mundo que se causaba por la pandemia. Pero la inversa es verdad también, que un aumento del desempleo de las mujeres reduce el dinero que las familias pueden gastar y sin la circulación de dinero, las firmas no pueden operar en la productividad máxima, entonces no necesitan emplear tantos personas y el ciclo repite. Entonces, una regresa a escuela, especialmente por los estudiantes más jovenes, pueden atender al problema económico del desempleo de mujeres.

The Economics of Education/ Los económicos de educación 

Covid in Scotland: Senior pupils to wear masks in class at level 3 and 4 -  BBC News

Safely reopening schools is one of the single most effective ways that countries can begin to counteract the economic detriment brought on by the COVID-19 pandemic. This would reduce the need for women to stay home to participate in childcare, thus allowing them to return to work. As women are able to return to work, they both make money and their work makes firms increase productivity. As households make more money, they can participate in consumer spending, again contributing to economic productivity.  Also, a focus on furthering education now, will allow current students to enter the workforce as adults, therefore securing economic stability in the future.

Abrir las escuelas es una parte fundamental para restablecer la fuerza económica. La educación en persona deja a las mujeres salir por la casa y entrar la población de trabajadores. El aumento de personas en la población de trabajadores pueden ayudar a la productividad económica. También, la educación efectiva ahora crea  estabilidad económica en el futuro.

Call to Action/ Llamada a la acción

For this solution to be sustainable, people have to first prioritize social distancing, and mask wearing as well as get the vaccine if possible. This will make the return to school safer for students, and when implemented at places of work will help sustain their productivity by reducing the chances of a virus outbreak that would cause them to reduce productivity. Not only will this further women’s economic stability, but that of the global economy because economic strength is economic strength and benefits the overall economy.

Necesitamos llevar mascarillas  y mantener distancia social para reducir la transmisión de COVID-19 entonces podemos regresar a productividad económica.

Works Cited

Employment: a Key Concept in Economics, www.economicswebinstitute.org/glossary/employ.htm.

“Covid-19 Threatens Girls’ Gigantic Global Gains.” The Economist, The Economist Newspaper, www.economist.com/leaders/2020/12/19/covid-19-threatens-girls-gigantic-global-gains.

“Covid-19 Threatens Girls’ Gigantic Global Gains.” The Economist, The Economist Newspaper, www.economist.com/leaders/2020/12/19/covid-19-threatens-girls-gigantic-global-gains.

“Four Times More Women Than Men Dropped Out of the Labor Force in September.” NWLC, nwlc.org/resources/four-times-more-women-than-men-dropped-out-of-the-labor-force-in-september/.

Harris, Kamala D. “Opinion | Kamala Harris: The Exodus of Women from the Workforce Is a National Emergency.” The Washington Post, WP Company, 19 Feb. 2021, www.washingtonpost.com/opinions/kamala-harris-women-workforce-pandemic/2021/02/12/b8cd1cb6-6d6f-11eb-9f80-3d7646ce1bc0_story.html.

Julie Kashen, Sarah Jane Glynn. “How COVID-19 Sent Women’s Workforce Progress Backward.” Center for American Progress, www.americanprogress.org/issues/women/reports/2020/10/30/492582/covid-19-sent-womens-workforce-progress-backward/.

Julie Kashen, Sarah Jane Glynn. “How COVID-19 Sent Women’s Workforce Progress Backward.” Center for American Progress, www.americanprogress.org/issues/women/reports/2020/10/30/492582/covid-19-sent-womens-workforce-progress-backward/.

Kochhar, Rakesh, and Jesse Bennett. “U.S. Labor Market Inches Back from the COVID-19 Shock, but Recovery Is Far from Complete.” Pew Research Center, Pew Research Center, 14 Apr. 2021, www.pewresearch.org/fact-tank/2021/04/14/u-s-labor-market-inches-back-from-the-covid-19-shock-but-recovery-is-far-from-complete/.

Replication-Receiver. “UNDP and UN Women Launch COVID-19 Global Gender Response Tracker.” UNDP, UNDP, 28 Sept. 2020, www.undp.org/content/undp/en/home/news-centre/news/2020/undp-and-un-womens-newly-launch-covid-19-global-gender-response-.html.

Rogers, Katie. “2.5 Million Women Left the Work Force During the Pandemic. Harris Sees a ‘National Emergency.’.” The New York Times, The New York Times, 18 Feb. 2021, www.nytimes.com/2021/02/18/us/politics/women-pandemic-harris.html.

“Women’s Rights and the COVID-19 Pandemic.” Gender Equality, www.coe.int/en/web/genderequality/women-s-rights-and-covid-19.

“Women’s Wellbeing Hit Harder than Men’s during Pandemic, Says ONS.” The Guardian, Guardian News and Media, 10 Mar. 2021, www.theguardian.com/world/2021/mar/10/womens-wellbeing-hit-harder-than-mens-during-pandemic-says-ons.

Lavietes, Matthew. “Is Gender Inequality Getting Worse Because of COVID-19?” World Economic Forum, www.weforum.org/agenda/2020/07/u-n-warns-covid-19-could-wipe-out-gains-in-equality-for-women-at-work/.

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