Economic impact of coronavirus on women is 'devastating' and exacerbating inequality, says Facebook's Sheryl Sandberg

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Economic impact of coronavirus on women is 'devastating' and exacerbating inequality, says Facebook's Sheryl Sandberg
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'You know how they say never waste a crisis? We need to not waste this moment to fix the structural problems that women face,' Sandberg said.

Because women are likely to bear the brunt of the coronavirus-related recession, Facebook's Sheryl Sandberg said she sees the global health crisis as a wake-up call for the country to address long-existing gender inequalities., pointing to research from her women's organization Lean In."You know how they say never waste a crisis? We need to not waste this moment to fix the structural problems that women face.

But the global health crisis is likely to make the matter far worse, new research indicates. A paper from researchers at Northwestern University, the University of Mannheim in Germany and the University of California, San Diego concluded that the"COVID-19 pandemic will have a disproportionate negative effect on women and their employment opportunities."

A woman and child wear face masks while walking past shuttered downtown shops amid the coronavirus pandemic on April 4, 2020, in Los Angeles, California.Last month, Congress passed a historic $2 trillion stimulus package to help the nation rebound from the coronavirus pandemic. The legislation has a few key provisions for struggling families and workers but doesn't include anything to alleviate the gender pay disparity.

As for Facebook's role in the crisis, the COO said the company is"aggressively" working to provide accurate information and remove misguided posts. Facebook has been working with the World Health Organization and the U.S. Centers for Disease Control and Prevention to create its COVID-19 information center, she said.

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