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Many of the factors that cause women to be disproportionately affected are outside of their control, the CEO of Advancing Women in Product said.

The coronavirus pandemic is having a disproportionate economic effect on women, research has shown. The U.S. Bureau of Labor Statistics' (BLS) December job report further illustrated that women have endured the brunt of job loss.  

Employment declined by 140,000 jobs in December, BLS reported; women lost 156,000 jobs while men gained 16,000, according to The National Women's Law Center's (NWLC) analysis. "Between January and December 2020, almost 2.1 million women left the labor force, including 564,000 Black women and 317,000 Latinas," the NWLC stated in the report. About 6.3% of women, overall, in the U.S. ages 20 and older were unemployed in December, up slightly from 6.2% in November and more than twice as high as February's numbers, according to the organization. However, 8.4% of Black women ages 20 and older and 9.1% of Latinas remained unemployed, the report found.