Economic Inequality Policy Series: The Impact of the COVID-19 Shock on Women’s Labor Market Outcomes and Equitable Policy Solutions

March 22, 2021

On Monday, March 22, the Federal Reserve Bank of New York, in partnership with the Lyndon B. Johnson School of Public Affairs of the University of Texas at Austin, hosted a virtual event titled The Impact of the COVID-19 Shock on Women's Labor Market Outcomes and Equitable Policy Solutions. This event, held as part of Women's History Month, brought together thought leaders, researchers, community development practitioners, and policy influencers to discuss the COVID-19 "shecession," with a focus on women of color, as well the effects women's job losses have had on families and children.

Pamela Dyson, Executive Vice President of the Technology Group at the New York Fed, delivered opening remarks. Jaison Abel, Assistant Vice President and Head of the Regional Analysis Function at the New York Fed, as well as speakers from the Federal Reserve Bank of Minneapolis, Brookings Institution, the Lyndon B. Johnson School of Public Affairs, and the YWCA USA, detailed the effects the pandemic has had on women in the workforce and potential policy solutions.

The event was part of an economic inequality policy series and followed a public forum hosted by the New York Fed in September on COVID-19's impact on communities of color and policy solutions for an equitable economic recovery.

watch the event

The Impact of the COVID-19 Shock on Women's Labor Market Outcomes

Event Details

Date & Time
March 22, 2021
10:00am EST – 11:30am EST


The event was open to the public and the media. All remarks were on-the-record and the event was recorded.

10:00am-10:05am Welcoming Remarks

Pamela Dyson, Executive Vice President, Technology Group, Federal Reserve Bank of New York
10:05am-10:20am Some Workers Have Been Hit Much Harder than Others by the Pandemic

Jaison R. Abel, Assistant Vice President, Research & Statistics, Federal Reserve Bank of New York
10:20am-10:35am Pandemic Pushes Mothers of Young Children out of the Labor Force

Ryan Nunn, Assistant Vice President for Applied Research, Federal Reserve Bank of Minneapolis
10:35am-11:25am The Shecession and Equitable Policy Solutions

Victoria DeFrancesco Soto, Assistant Dean for Civic Engagement and Lecturer, LBJ School of Public Affairs, The University of Texas at Austin
Martha Ross, Senior Fellow- Metropolitan Policy Program, Brookings Institution
Fatima Goss Graves, President and CEO, National Women’s Law Center
Moderator: Alejandra Castillo, Former CEO, YWCA and Member, APCO International Advisor Council
Closing Remarks

David J. Erickson, Senior Vice President and Head of Outreach & Education, Federal Reserve Bank of New York


The New York Fed conducts research to better understand what contributes to economic inequality in its many forms in the region and across the nation. Learn more about our Economic Inequality & Equitable Growth initiative.
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