The Effect of the COVID-19 Pandemic Recession on Less Educated Women’s Human Capital: Some Projections
预测新冠疫情导致的就业减少对低学历女性未来人力资本的影响,发现平均工资损失较小,但对年轻已婚女性、幼儿母亲和受疫情冲击行业从业者影响更大,且学校和托儿所关闭使已婚母亲的工资损失额外增加50%。
The COVID-19 pandemic resulted in major declines in employment of women. We provide projections of impacts of this reduction on less educated women’s future human capital framed within the traditional Mincerian model. We find that wage losses one year out from 2020 are relatively modest on average, generally less than 1%, with the largest for married women without children in the home. But losses are greater for young married women, mothers with very young children, and those working in COVID-impacted industries. School and childcare closures increase negative wage impacts for married mothers by an additional 50%.