Eric Morath

speaker
273 appearances 6 recordings 1 series first heard Sep 2017 last heard Sep 2020

Eric Morath’s voice in public audio — every appearance, attributed to the second.

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Women lost jobs at a faster rate than men so far in this coronavirus pandemic.
And, you know, that's interesting because it's the opposite of what we saw in 2007 and 2009 when men lost jobs disproportionately in manufacturing and construction.
Here, I think it reflects that women are overrepresented in certain fields that were affected, including non-hospital health care.
Majority of people who work in health care are women.
And we saw, you know, your pediatrician or your general practitioner doctor have to close their offices.
Dentist offices have to close.
And that affected women more than men.
Yeah, the most job losses were in the service sector.
So hotels, restaurants, retail, healthcare, you know, the places that, you know, had to shut down because, you know, people couldn't walk in the doors anymore.
Yes.
We've seen that the service sector has also had the fastest rebound as these types of businesses have been allowed to reopen in many states.
And now it's shifted that the most recent job losses have occurred in the public sector, government jobs.
And that includes state and local workers and school teachers.
And I think that's because as states and cities realize the tax revenue is
going to be falling as many individuals are out of work and not spending money, not collecting sales tax, they're going to need to cut their budgets.
And unfortunately, that means cutting jobs.
So we looked at data from small businesses, and it showed that while there was a pretty healthy rebound, like we talked about in May and in the beginning of June,
And more recently, in the last few weeks, we saw a growing number of small businesses saying either they were closed or they were giving their workers fewer hours.
And that's a concerning trend because it could suggest that as COVID cases have been again on the rise, businesses are reacting by either reclosing or seeing less demand and not needing as many workers to provide their services.
By the letter of the law, if you have a job opportunity, you're required to take that and not to take the benefits.
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