Women lost nearly $800 billion in income due to Covid-19

As per Oxfam, the pandemic has had a harsher impact on women who have suffered a 5 per cent loss of jobs, which is more than men who have suffered a 3.9 percent loss. Women, globally, have lost more than 64 million jobs this year and have suffered at least $800 billion in lost income last year — which is equivalent to a combined GDP of 98 countries.However, the real number is assumed to be much higher than this as this study does not include numbers of the women who worked in non-registered sectors and in South Asian countries. The report has not been able to register women who are overrepresented in low-paid and precarious sectors such as tourism, retail, and hospitality, which have been the worst-hit sectors globally.