Why women’s careers have been hurt the most by Covid-19 – Pocketful of Dirhams

The coronavirus outbreak has infected more than 40 million people worldwide and damaged economies, industries and employment levels.

But women are being disproportionately hurt by the economic fallout of the crisis.

With sectors that typically employ women, such as retail and hospitality, badly affected by Covid-19, women’s jobs are 1.8 times more vulnerable to the crisis than men’s, according to the global consultancy McKinsey & Company.

McKinsey’s research during the pandemic has also found that more female than male employees fear Covid will negatively affect their promotion prospects. And all of this at a time when women were already wrestling with the thorny issue of equality in the workplace and the gender pay gap.

So how will the crisis affect women’s finances? Can their careers cope if they step out of the workplace until coronavirus has gone away?

Host Alice Haine is joined by Chiara Marcati, partner at McKinsey and Company and author of the firm's Women at Work report, to find out how women can get their careers back on track post-Covid.

Listen to a previous episode for advice on how to secure financial independence

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Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

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Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor

The biog

Name: Fareed Lafta

Age: 40

From: Baghdad, Iraq

Mission: Promote world peace

Favourite poet: Al Mutanabbi

Role models: His parents

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Fight card

1. Featherweight 66kg: Ben Lucas (AUS) v Ibrahim Kendil (EGY)

2. Lightweight 70kg: Mohammed Kareem Aljnan (SYR) v Alphonse Besala (CMR)

3. Welterweight 77kg:Marcos Costa (BRA) v Abdelhakim Wahid (MAR)

4. Lightweight 70kg: Omar Ramadan (EGY) v Abdimitalipov Atabek (KGZ)

5. Featherweight 66kg: Ahmed Al Darmaki (UAE) v Kagimu Kigga (UGA)

6. Catchweight 85kg: Ibrahim El Sawi (EGY) v Iuri Fraga (BRA)

7. Featherweight 66kg: Yousef Al Husani (UAE) v Mohamed Allam (EGY)

8. Catchweight 73kg: Mostafa Radi (PAL) v Ahmed Abdelraouf of Egypt (EGY)

9. Featherweight 66kg: Jaures Dea (CMR) v Andre Pinheiro (BRA)

10. Catchweight 90kg: Tarek Suleiman (SYR) v Juscelino Ferreira (BRA)

While you're here

Malaysia crowns Pahang state's Sultan Abdullah as 16th king

Sheikh Mohamed receives Malaysian king in Abu Dhabi

Sheikh Mohamed and the King of Malaysia in 1979

You Were Never Really Here

Director: Lynne Ramsay

Starring: Joaquim Phoenix, Ekaterina Samsonov

Four stars

Tips to keep your car cool

Place a sun reflector in your windshield when not driving
Park in shaded or covered areas
Add tint to windows
Wrap your car to change the exterior colour
Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
Avoid leather interiors as these absorb more heat

Key facilities

Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
Premier League-standard football pitch
400m Olympic running track
NBA-spec basketball court with auditorium
600-seat auditorium
Spaces for historical and cultural exploration
An elevated football field that doubles as a helipad
Specialist robotics and science laboratories
AR and VR-enabled learning centres
Disruption Lab and Research Centre for developing entrepreneurial skills

UAE currency

COMPANY%20PROFILE

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