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Some of GWLN's favorite articles, reports and empowering stories recorded over the course of the year, all in one space for you to enjoy! Take a hold of these key documents to help you prosper in the industry or for inspiration in professional development, women in credit union leadership and much more! 
 

COVID-19 Highlight article: UN Women

From insight to action: Gender equality in the wake of COVID-19

  • "COVID-19 is exposing vulnerabilities in social, political and economic systems. It is forcing a shift in priorities and funding across public and private sectors, with far-reaching effects on the well-being of women and girls"
  • "The impacts are not just economic. The shift of funds to pandemic response is hampering women’s access to sexual and reproductive health. Violence against women reports have increased around the world, as widespread stay-athome orders force women to shelter in place with their abusers, often with tragic consequences. More people at home also means that the burden of unpaid care and domestic work has increased for women and girls, literally driving some to the breaking point."
  • "Social and economic policies and programmes to confront the fallout of this crisis must be inclusive and transformative, addressing women’s leadership and labour, both outside and within the home. Placing women and girls at the centre of preparedness, response and recovery could finally bring the genuine change that women’s rights groups have long advocated for."
  • "With the global economy expected to contract by 5 per cent in 20203 and without measures to shield the most vulnerable, the number of people living in extreme poverty will increase by 96 million in 2021.4 The virus is continuing its dangerous upward trend globally, and the worst may yet be to come, unless urgent action is taken to understand and address its widespread impact."
  • "Safe access to support services and emergency measures, including legal assistance and judicial remedies, is urgently needed, but it has been curtailed amid lockdowns in some countries. Measures to protect women from violence must be a standard part of government responses to the pandemic, as well as longer-term recovery packages."
UN Women - United Nations Entity for Gender Equality and the Empowerment of Women

COVID-19 Highlight article: McKinsey & Company

Covid-19 and gender equality: Countering the regressive effects


  • "By our calculation, women’s jobs are 1.8 times more vulnerable to this crisis than men’s jobs. Women make up 39 percent of global employment but account for 54 percent of overall job losses."
  • "Given trends we have observed over the past few months, in a gender-regressive scenario in which no action is taken to counter these effects, we estimate that global GDP growth could be $1 trillion lower in 2030 than it would be if women’s unemployment simply tracked that of men in each sector."
  • "Our analysis finds that the gendered nature of work across industries explains one-fourth of the difference between job-loss rates for men and women. The lack of systemic progress to resolve other societal barriers for women explains the rest."
  •  "We estimate that 4.5 percent of women’s employment is at risk in the pandemic globally, compared with 3.8 percent of men’s employment, just given the industries that men and women participate in."
  • "As COVID-19 has disproportionately increased the time women spend on family responsibilities—by an estimated 30 percent in India, according to one survey, and by 1.5 to 2.0 hours in the United States—it is not surprising that women have dropped out of the workforce at a higher rate than explained by labor-market dynamics alone."
  • "...our analysis shows that female jobs are 19 percent more at risk than male ones simply because women are disproportionately represented in sectors negatively affected by the COVID-19 crisis."
  • "The strong message emerging from our research is that the faster policy makers and business leaders act to push for greater gender equality, even as the COVID-19 crisis continues, the bigger the benefits not just for gender equality but also for economic growth."
Brand New: New Logo and Identity for McKinsey by Wolff Olins
 
 

Looking to give back at a Sister Society event? Below is a list of various organizations that Sister Societies have supported during their meetings. Want us to highlight yours? Let us know at cuwomen@woccu.org



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